Press Release

Naukri Job speak Chennai- Jan 2015

February 1 2015

The Naukri Job Speak Index for Chennai at 1269 in January-15&rsquo was 8% higher than the January-14 index

  • Auto sector sees a decline in the hiring activity by 5% in January&rsquo15 over January&rsquo14.
  • Hiring of IT professionals increases by 9% in January&rsquo15 over January&rsquo14.

Chennai, January 2015:
The Naukri Job Speak index for Chennai in January-15&rsquo was at 1269 as compared to 1171 in January-14, thus indicating an 8% increase in the hiring activity. Among the key sectors, BPO/ITES showed an 8% decline in the hiring activity whereas Telecom registered a 29% growth over the same period.

V Suresh, Executive Vice President and Chief Sales Officer, said &ldquoJob Market is Chennai has shown consistent growth over the past few quarters. Interestingly, apart from IT, we witnessed significant growth in sectors like BFSI, Telecom and Pharma. This could just be the tip of the iceberg and we can expect hiring to improve significantly in the coming months&rdquo.

Industry Sector Analysis:

Sectors like Telecom and Banking saw significant increases of 29% and 45% respectively in their hiring activities in January-15&rsquo over January 14&rsquo. Other sectors like Pharma saw a 5% increase in the hiring activity over the same period. However, sectors such as Construction and Engineering and Insurance saw a dip of 14% and 22% in the same period.

Functional Area Analysis:

Hiring of Project Management, and Production and Maintenance professionals saw a dip of 19% each in January&rsquo15 over January&rsquo14. However a reverse trend was seen for the HR and Finance professionals where the numbers went up by 15% and 6% respectively over the same period.  

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