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The organized sector in India created 704,800 jobs between January 2011 and June 2011 and 369,200 more jobs are expected to be created by September 2011, according to the latest findings of Ma Foi Randstad Employment Trends Survey – Wave2.
The survey was conducted among 690 companies across 13 industry segments panning 8 Indian cities. The respondents included members of senior management and HR professionals who were questioned on specific areas relating to hiring plans across various timelines, manpower requirements for the current quarter vis-à-vis the last two quarters, and their views on how they see the job market to be in the year 2011. While the Indian economy is passing through a delicate phase with certain sectors looking at a bleak market in the near future, there are others who have performed well and continue to perform as per predictions made in the beginning of the year, thus reflecting buoyancy among employers.
According to the survey, the Healthcare sector has remained the largest employment generator with 1, 15,000 jobs created in H1, followed by the Hospitality sector with 94,000 jobs created during the same period. The IT/ITeS sector, which witnessed a turnaround in 2010-11 by posting a double digit growth, continues to grow at the same pace and has added 91,000 jobs in H1. In the cities, New Delhi, Mumbai and Chennai continue to lead the job market job generating 1,39,700 jobs between January and June 2011, as predicted earlier this year