Banking Sector Sees Hiring Surge By 21% in September: Report
Hiring activity in the banking and financial services sector witnessed a 21 percent growth during September this year compared to the same period last year, according to a recent report by job portal Naukri.com.
Even as the job market in the country faces turbulent times, a monthly analysis of job listings by Naukri Jobspeak Report shows that the overall job market has seen three percent growth in September, compared to the same period last year.
V Suresh Chief Sales Officer at Naukri.com said, "Job market continues to be volatile. The Jobspeak index for September has shown a three per cent year-on-year growth driven by growth in sectors like banking, financial services, insurance, industrial products and auto and engineering."
He added that the uncertainty in the job market is likely to continue for a few more months.
The engineering industry registered a 15 percent growth in hiring during September compared to the corresponding period last year. While Banking and Insurance jobs rose by 32 percent in September compared to last year, Accounts and Finance jobs saw a 15 percent growth in the same period. However, Software sector jobs during the same period witnessed a six per cent dip.
Among the 13 cities that were tracked by the report, 12 have recorded an increase in hiring activity during the period, with Mumbai and Kolkata growing by 15 per cent each compared to September last year.
The National Capital Region, on the other hand, witnessed a nine per cent dip in hiring activity during the tracked period, the report said.
