38% recruiters anticipate new jobs in 2009: Survey
Bangalore, Jan 29: Thirty percent of recruiters anticipated new jobs to be added in 2009 while 9.5 percent predicted layoffs, according to a recent survey. Over 40 percent recruiters in pharma, IT, ITes, retail, telecom, banking feel that there will be creation of new jobs in 2009, the survey, covering over 1500 recruiters and conducted by Naukri.com, a leading job website, said.

According to the survey, 37.8 percent expected replacement hiring while 14.3 percent expected freeze on recruitment procedure. The real estate industry expected a 16 percent layoffs in the sector in the coming months. As per the survey, the overall job index fell from 776 in November to 697 in December 2008, a drop of 10 percent in new jobs. Overall, it implied a 31 per cent decline in new jobs since July 2008.

City wise, Delhi, Bangalore, Chennai and Kolkata witnessed a decline in new jobs. Most of the cities saw a decline in jobs, notably Delhi - NCR, registering a drop from 841 in November to 697 in Decmber. Mumbai moved up marginally from 692 in November to 717 in December. Ahmedabad, Chandigarh, Cochin, Baroda, where jobs grew or declined by a small margin, remained less affected. Across most industries, there was a decline in new jobs.

The job index for the automobile sector slipped by almost 28 percent in December, as compared with November 2008. Construction and Engineering and Real Estate continued to witness a slowdown in hiring, the survey revealed. Pharma remained an exception and continued to see an increase in new jobs with the index at 1031. Sales and Business Development professionals saw a growth in demand as the index climbed up for a second month from 786 in November to 819 in December 2008.

Demand for Security Services and Pharma and Biotech professionals improved during the month. A break up of jobs available for various 'experience bands' reveals that professionals with 4-7 years of experience are at a higher demand than younger professionals. Thirtysix percent of the jobs available cater to this experience band.


Bureau Report