Demand for engineers recovers after a two-month long passive phase.

Date :

Demand for talent saw a 4 per cent increase during October 2013. Among top ten industries, Petrochemicals/ Oil and Gas/ Power reported maximum hiring activity. Hiring was also upbeat in Entertainment/Media industry.

High volume industries such as IT/Telecom and BFSI also reported significant increase in demand for talent. Amid the encouraging hiring scenario, Engineering professionals registered maximum growth in demand during the month, followed by Human Resource professional.

 Among key job hubs, Pune witnessed highest demand for talent, Mumbai followed, closely. Demand also improved across experience categories. Senior professionals, with over 20 years of experience were the only category to report drop in demand during the month of October `13. Candidates with less than 2 years of experience were the most sought after experience category during the period.

Overall, hiring saw a 4% increase during October 2013, with contribution from key sectors, major job hubs and functional areas.

Among the top 10 industries, Petrochemicals/ Oil and Gas/ Power industry witnessed maximum increase in hiring activity (10%), followed by BFSI and IT/Telecom (4%). Across industry segments, Projects/Infrastructure/Power/Energy (8%) and Travel & Hospitality (7%), too kept up the hiring momentum.