EMPLOYMENT OUTLOOK TRENDS: 2007-14 08/07/13 2
Volatile sentiment, but trending up
Global Financial Crisis
30-month cycle24-month cycle 12-month cycle
Volatility just before the dip
08/07/13EMPLOYMENT OUTLOOK TRENDS: 2007-14 3
1. Employment Sentiment trends have followed a cyclical pattern and have entered into a slightly
volatile (yo-yo) pattern in the present year.
2. The sentiment swing has become more frequent over the past 18 months, and seems to be
trending up for the immediate next term.
3. The dip during the financial crisis of 2009 occurred in 4 quarters; but the recovery took 11
4. Drivers of employment sentiment over the years:.
Year Sectors Cities
2007 IT, Financial Services, ITeS, Telecom Mumbai, Bangalore, Chennai
2008 IT, Infrastructure, Telecom Delhi, Bangalore, Pune, Chennai
2009 Retail & FMCG, IT, Infrastructure, Healthcare/Pharma Delhi, Pune, Hyderabad
2010 IT, Infrastructure, Telecom, Healthcare/Pharma Delhi, Bangalore, Chennai, Hyderabad
2011 Retail & FMCG, IT, Infrastructure, Healthcare/Pharma, Telecom Mumbai, Delhi, Bangalore, Hyderabad
2012 IT, ITeS, Healthcare/Pharma Bangalore, Ahmedabad, Pune
2013 Retail & FMCG, Infrastructure, Healthcare/Pharma Mumbai, Bangalore, Pune, Hyderabad