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1 JobSpeak Nov 2008 An Index of New Job Opportunities Location – Industry – Functional Area November 2008

An Index of New Job Opportunities Location – Industry ... … · Naukri.com, India’s No.1 Job Site, has spread its reach across industries, functional areas, metros, tier II and

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Page 1: An Index of New Job Opportunities Location – Industry ... … · Naukri.com, India’s No.1 Job Site, has spread its reach across industries, functional areas, metros, tier II and

1

JobSpeak Nov 2008

An Index of New Job Opportunities

Location – Industry – Functional Area

November 2008

Page 2: An Index of New Job Opportunities Location – Industry ... … · Naukri.com, India’s No.1 Job Site, has spread its reach across industries, functional areas, metros, tier II and

2

JobSpeak Nov 2008

Highlights of the report

The Overall Job Index fell from 1000 in July 2008 to 776 in November 2008, a marginal decline as

compared to the previous months.

Delhi witnesses an increase in new jobs in November ; Index moves up by 7%

Pharma and Telecom see growth in job opportunities and stay close to the recruitment levels in July

Finance Professionals see a slowdown in hiring in the industry by almost 32%

Naukri.com, India’s No.1 Job Site, has spread its reach across industries, functional areas, metros, tier II and

tier III cities across India. ‘JobSpeak’ is a unique initiative by Naukri.com to provide its stakeholders and users

an overview on job prospects and attractive occupations as well as a peek into industries gaining

attractiveness and industries losing sheen. Overall, it is indicative of the health of the economy.

The report compiles an index on new job listings added to the site every month. The listings are

representative of the jobs posted on the site by recruiters that are clients of Naukri.com. The team at

Naukri.com has successfully mapped and derived trends to reflect the online availability of jobs. To calculate

the index, new jobs in July have been taken on a base of 1000. The November index is compared with July. A

summary of trends in November is presented in the Executive Summary section. The charts with the

corresponding numbers have been collated in the annexure.

Executive Summary

The Overall Job Index fell from 781 in October 2008 to

776 in November 2008, a marginal decline as

compared to the drop in previous months. The hiring

scenario remained subdued post the festive season, as

the impact of slowdown sieved through most

industries.

Despite the slump, Pharma and Telecom have

maintained stability at the July level. The worst

affected sectors include Banking and Real Estate with a

decline in jobs by almost 15% in November compared with October 2008. The demand for IT Hardware and

Telecom professionals moved up by 13% during the month, while demand for IT- Software and Business

Development professionals moved up marginally

Page 3: An Index of New Job Opportunities Location – Industry ... … · Naukri.com, India’s No.1 Job Site, has spread its reach across industries, functional areas, metros, tier II and

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JobSpeak Nov 2008

City wise Analysis: New job opportunities bounce back in Delhi

For Delhi – NCR, the index indicates an increase in new jobs, the index went up from 786 in October to

841 in November.

City July Aug Sep Oct Nov

Delhi-NCR 1000 928 981 786 841

Mumbai 1000 968 929 715 692

Bengaluru 1000 826 799 723 725

Chennai 1000 892 911 801 778

Hyderabad 1000 866 891 752 732

Pune 1000 858 895 724 723

Kolkata 1000 986 952 630 656

Ahmedabad 1000 813 818 754 786

Chandigarh 1000 852 981 656 726

Cochin 1000 1577 1264 1176 960

Baroda 1000 991 959 761 800

Coimbatore 1000 849 1062 943 719

Jaipur 1000 927 1051 769 879

Index Value of Jobs by City

Mumbai saw a greater dip in November as compared to October. The index dipped to 692 from 715 in

November.

Bangalore, Chennai, Hyderabad, Kolkata and Pune remained stable at the October levels indicating

stability in creation of new jobs.

The hiring situation in Chandigarh improved, the index moved up from 656 in October to 726 in

November 2008, indicating an increase in new jobs. According to the index, new jobs in Jaipur

increased with the index moving up from 769 in October 2008 to 879 in November 2008.

Industry wise analysis: Pharma and Telecom sectors cheer up the recruitment scenario

The index remains at October levels for most industries; the index of IT – Software & Hardware, Oil and

Gas, FMCG picked up marginally.

Pharma and Telecom have been most robust with higher job availability and the index stable at the July

level. The index for Pharma and Telecom sectors are at 996 and 945 respectively.

Banking and Financial Sector dips further to 598 in November from 689 in October and almost a 40%

decline since July.

Page 4: An Index of New Job Opportunities Location – Industry ... … · Naukri.com, India’s No.1 Job Site, has spread its reach across industries, functional areas, metros, tier II and

4

JobSpeak Nov 2008

Functional area July Aug Sep Oct November

IT-Software 1000 844 890 761 784

Sales and Business Development 1000 930 961 730 786

ITES and BPO 1000 838 849 941 797

Production and Maintenance 1000 947 933 807 817

Accounts and Finance 1000 945 900 769 760

HR & Administration 1000 966 974 770 718

Project Management 1000 865 973 721 705

Marketing and Advertising 1000 928 980 750 752

Banking and Insurance 1000 975 927 708 680

Engineering Design - R&D 1000 935 948 797 800

Index Value of Jobs by Functional Area/ Deptt

Industry July Aug Sep Oct Nov

IT- Software 1000 849 860 753 777

BPO and ITeS 1000 847 829 928 824

Construction and Engineering 1000 921 935 784 742

Auto and Auto Ancillary 1000 950 863 745 707

Banking and Financial Services 1000 972 1001 689 598

Oil and Gas 1000 911 857 737 791

Telecom 1000 1047 1111 832 945

Insurance 1000 954 976 770 708

Capital Goods 1000 958 950 827 846

Pharma & Biotech 1000 985 974 863 996

Hospitality 1000 926 946 903 797

Real Estate has also been severely affected and has seen a decline in new jobs by almost 50% since

July. The index at 504 reflects a subdued sentiment of hiring within the industry

Niche sectors like Government, Security Services and Legal saw an increase in new jobs as compared to

July, though at a lower level as compared to October 2008.

Functional Area /Department Analysis: The index saw a marginal change in hiring as compared to

October across most functional areas.

IT Hardware and Telecom professionals witnessed an increase in new jobs by over 10%. The index

moves up fro m 786 in October to 887 in November 2008

IT Software professionals saw an increase in demand with the index moving up from 761 to 784.

Sales and Business development professionals saw a marginal increase in demand as compared to

October.

Banking and Insurance moved further down by from 708 in October 2008 to 680 to November 2008.

Page 5: An Index of New Job Opportunities Location – Industry ... … · Naukri.com, India’s No.1 Job Site, has spread its reach across industries, functional areas, metros, tier II and

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JobSpeak Nov 2008

Methodology

Data has been sourced from Naukri.com and is reflective of the new job listings on the site. Jobs have been

categorised by location, functional area, and industry. The index has been calculated across cities/ functional

area- Deptt/ industry verticals.

On the basis of new job listings added to the site every month, the data shows an increase or decline in the

jobs. To calculate the index, jobs in July 2008 have been taken on a base of 1000. The August, September,

October and November data has been indexed against July 2008. The report produced monthly will show

hiring trends across industry sectors, geography and functional areas. More than 32500 clients use

Naukri.com, leading to high reliability of the data. Naukri,com serviced over 24500 unique clients in H1 2008

Disclaimer

The data is only representative of the listings on Naukri.com. Our analytics team has used statistical

techniques to derive insights which might be useful for our users/stake holders/ audiences. There may be a

statistical margin of error.

Page 6: An Index of New Job Opportunities Location – Industry ... … · Naukri.com, India’s No.1 Job Site, has spread its reach across industries, functional areas, metros, tier II and

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JobSpeak Nov 2008

Annexure

In-depth data across Cities / Industry / Functional Area

With reference to the Executive Summary, the graphs and tables providing an in - depth view of each

industry/functional area and location are given below.

Graphs and tables comparing Locations

City July Aug Sep Oct Nov

Delhi-NCR 1000 928 981 786 841

Mumbai 1000 968 929 715 692

Kolkata 1000 986 952 630 656

Chennai 1000 892 911 801 778

City July Aug Sep Oct Nov

Bengaluru 1000 826 799 723 725

Hyderabad 1000 866 891 752 732

Pune 1000 858 895 724 723

Ahmedabad 1000 813 818 754 786

Page 7: An Index of New Job Opportunities Location – Industry ... … · Naukri.com, India’s No.1 Job Site, has spread its reach across industries, functional areas, metros, tier II and

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JobSpeak Nov 2008

City July Aug Sep Oct Nov

Delhi-NCR 1000 928 981 786 841

Mumbai 1000 968 929 715 692

Bengaluru 1000 826 799 723 725

Chennai 1000 892 911 801 778

Hyderabad 1000 866 891 752 732

Pune 1000 858 895 724 723

Kolkata 1000 986 952 630 656

Ahmedabad 1000 813 818 754 786

Chandigarh 1000 852 981 656 726

Cochin 1000 1577 1264 1176 960

Baroda 1000 991 959 761 800

Coimbatore 1000 849 1062 943 719

Jaipur 1000 927 1051 769 879

Index Value of Jobs by City

City July Aug Sep Oct Nov

Chandigarh 1000 852 981 656 726

Cochin 1000 1577 1264 1176 960

Baroda 1000 991 959 761 800

Coimbatore 1000 849 1062 943 719

Jaipur 1000 927 1051 769 879

Page 8: An Index of New Job Opportunities Location – Industry ... … · Naukri.com, India’s No.1 Job Site, has spread its reach across industries, functional areas, metros, tier II and

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JobSpeak Nov 2008

Graphs and tables comparing industries

Page 9: An Index of New Job Opportunities Location – Industry ... … · Naukri.com, India’s No.1 Job Site, has spread its reach across industries, functional areas, metros, tier II and

9

JobSpeak Nov 2008

Industry July Aug Sep Oct Nov

Banking and Financial

Services 1000 972 1001 689 598

Insurance 1000 954 976 770 708

Accounting & Taxation 1000 765 864 770 695

Industry July Aug Sep Oct Nov

Pharma & Biotech 1000 985 974 863 996

Healthcare 1000 1014 958 826 745

Industry July Aug Sep Oct Nov

Auto and Auto Ancillary 1000 950 863 745 707

Capital Goods 1000 958 950 827 846

Page 10: An Index of New Job Opportunities Location – Industry ... … · Naukri.com, India’s No.1 Job Site, has spread its reach across industries, functional areas, metros, tier II and

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JobSpeak Nov 2008

Industry July Aug Sep Oct Nov

IT- Software 1000 849 860 753 777

BPO and ITeS 1000 847 829 928 824

Construction and Engineering 1000 921 935 784 742

Auto and Auto Ancillary 1000 950 863 745 707

Banking and Financial Services 1000 972 1001 689 598

Oil and Gas 1000 911 857 737 791

Telecom 1000 1047 1111 832 945

Insurance 1000 954 976 770 708

Capital Goods 1000 958 950 827 846

Pharma & Biotech 1000 985 974 863 996

Hospitality 1000 926 946 903 797

FMCG,Foods and Beverage 1000 952 940 739 914

Chemicals 1000 968 967 775 782

Education 1000 835 798 669 700

IT-Hardware & Networking 1000 815 801 709 781

Retailing 1000 846 899 614 684

Media and Entertainment 1000 885 832 619 687

Healthcare 1000 1014 958 826 745

Real Estate 1000 873 931 600 504

Employment Firms 1000 1011 953 742 748

Consumer Durables 1000 957 1005 852 943

Accounting & Taxation 1000 765 864 770 695

Advertising 1000 742 947 683 583

Textiles 1000 969 897 861 956

Semiconductors & Electronics 1000 890 910 792 737

Courier & Transportation 1000 772 663 606 611

Architecture & Interior Designing 1000 916 938 695 600

Export & Import 1000 940 846 705 822

Printing & Packaging 1000 906 990 741 902

Marine 1000 791 1075 976 976

Agriculture 1000 696 728 636 668

Office Equipment/Automation 1000 944 964 721 863

Fresher & Trainee 1000 818 776 790 678

Social Services 1000 971 1109 732 891

Gems & Jewellery 1000 961 1169 1000 1052

Paper 1000 1480 1760 880 1160

Legal 1000 1172 1609 1656 1297

Tyres 1000 935 1161 806 677

Fertilizers & Pesticides 1000 982 1860 1316 1246

Security & Law Enforcement 1000 1673 1418 1327 1182

Defence & Government 1000 733 2133 1444 1022

Page 11: An Index of New Job Opportunities Location – Industry ... … · Naukri.com, India’s No.1 Job Site, has spread its reach across industries, functional areas, metros, tier II and

11

JobSpeak Nov 2008

Graphs and Tables of Functional Area / Deptt

Functional area July Aug Sep Oct Nov

IT-Software 1000 844 890 761 784

ITES and BPO 1000 838 849 941 797

Engineering Design - R&D 1000 935 948 797 800

IT- Hardware & Telecom 1000 967 935 786 887

Functional area July Aug Sep Oct Nov

HR & Administration 1000 966 974 770 718

Marketing and Advertising 1000 928 980 750 752

Functional area July Aug Sep Oct Nov

Project Management 1000 865 973 721 705

Production and Maintenance 1000 947 933 807 817

Sales and Business

Development 1000 930 961 730 786

Page 12: An Index of New Job Opportunities Location – Industry ... … · Naukri.com, India’s No.1 Job Site, has spread its reach across industries, functional areas, metros, tier II and

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JobSpeak Nov 2008

Functional area July Aug Sep Oct Nov

Banking and Insurance 1000 975 927 708 680

Accounts and Finance 1000 945 900 769 760

Functional area July Aug Sep Oct

Top Management 1000 875 1060 708 718

Fresher & Trainee 1000 818 776 790 678

Page 13: An Index of New Job Opportunities Location – Industry ... … · Naukri.com, India’s No.1 Job Site, has spread its reach across industries, functional areas, metros, tier II and

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JobSpeak Nov 2008

Functional area July Aug Sep Oct Nov

IT-Software 1000 844 890 761 784

Sales and Business Development 1000 930 961 730 786

ITES and BPO 1000 838 849 941 797

Production and Maintenance 1000 947 933 807 817

Accounts and Finance 1000 945 900 769 760

HR & Administration 1000 966 974 770 718

Project Management 1000 865 973 721 705

Marketing and Advertising 1000 928 980 750 752

Banking and Insurance 1000 975 927 708 680

Engineering Design - R&D 1000 935 948 797 800

Supply Chain 1000 905 899 671 717

Front Office and Data Entry 1000 875 1025 755 801

IT- Hardware & Telecom 1000 967 935 786 887

Teaching & Education 1000 645 662 498 634

Pharma and Biotech 1000 1069 1077 975 939

Hotels and Restaurants 1000 995 1013 1002 1015

Top Management 1000 875 1060 708 718

Architecture & Interior Design 1000 862 897 651 585

Merchandising 1000 820 965 763 820

Consulting 1000 738 791 561 573

Legal 1000 967 1033 795 759

Web Designing 1000 889 1094 834 808

Journalism 1000 967 992 628 745

Travel & Airlines 1000 872 888 1156 1006

Fashion and Garments 1000 1082 1137 885 1027

Security Services 1000 860 870 840 910

Media 1000 811 1000 774 585

Packaging 1000 688 1063 708 667

Self Employed 1000 1029 1000 824 1088

Index Value of Jobs by Functional Area/ Deptt

Page 14: An Index of New Job Opportunities Location – Industry ... … · Naukri.com, India’s No.1 Job Site, has spread its reach across industries, functional areas, metros, tier II and

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JobSpeak Nov 2008

About Naukri.com

Naukri.com, India’s No. 1 job site and the flagship brand of Info Edge revolutionized the concept of

recruitment in India. Since its inception in 1997, Naukri.com has seen exponential growth year after year. Info

Edge completed a successful IPO in November 2006 and became the first internet company to be listed in

India.

Naukri.com is a recruitment platform and provides services to the corporate world, placement agencies and

job seekers in India and overseas. It offers a bouquet of products like Resume Database Access, and Response

Management tools and its services include Job Postings, and branding solutions on the site. With 2,00,000

jobs live at any point; Naukri.com serviced over 32500 corporate clients in 2007-2008.

The company has over 1700 people operating through 67 offices in 41 cities in India and overseas offices in

Dubai, Riyadh and Bahrain.