'India Inc's hiring up 4 pc in Jan 2010'

New Delhi, Feb 16: India Inc's hiring activity increased 4 per cent in Jan 2010, a study by leading job portal, Naukri.com said on Tuesday, Feb 16.

Naukri.com's monthly Job Speak index rose to 743 in Jan, indicating that hiring had accelerated by 4 per cent compared to Dec 2009.

According to survey, "There is a shift in declining trend of hiring activity towards a more stabilised market scenario as indicated by the recovering job index."

The survey noted that a year-on-year comparison of the city index reflects that hiring has picked up in Mumbai.

The city job index for Mumbai at 748 in Jan is noted as the highest for the city in the last one year, it added.

Delhi, Bangalore and Hyderabad witnessed growth in hiring by 4 per cent, 8 per cent and 7 per cent in Jan 2010, respectively, compared with the previous month.

The survey further revealed that hiring has started picking up in the auto and banking.

Recruitment in auto and the oil and gas sectors have moved up 4 per cent and 3 per cent, respectively, in Jan over Dec 2009.

In contrast, the banking and financial sector saw a dip of 5 per cent in Jan after three consecutive months of an upward moving index.

OneIndia News