To take your ideas to Policymakers, Join the Campaign of #PolicyPulse Write to feedback@policypulse.com

Online recruitment increase 17%

There has been a significant slowdown in IT at a 40 percent growth, says the index

Policy Pulse
Publish Date: Jul 19 2016 10:34AM | Updated Date: Jul 19 2016 10:34AM

Online recruitment increase 17%

 The latest Monster Employment Index (MEI) showed the online recruitment activities increased 17 percent growth over last year, a top company official has said

 
"The overall growth rate, even though lower than the past months, has continued to chart a double digit growth with certain occupation groups like healthcare witnessing a steep year-on-year growth of 41 percent," said Monster.com's Managing Director (APAC & Middle-East) Sanjay Modi. 
 
Education sector has been on the centre stage after the couple of measures were announced by the government during the Union Budget 2016 to improve the state of the sector, the company said in a statement. 
 
According to the index, there has been a significant slowdown in IT at a 40 percent growth, 22 points lower than in May 2016. This could be attributed to the increasing focus on automation, a statement said.
 
"This decline could be as a result of the worldwide flat IT spending." 
 
Notwithstanding the impetus on 'Make in India', the production and manufacturing sector is down by 14 percent registered a sharpest month-on-month decline among all monitored sectors.