An ASSOCHAM Economic Research Bureau (AERB) report based on the job posting data from various job portals says that new job generation has come down by 14.1 percent during the second half of financial year 2012 – 13, as compared to corresponding period last year.
“A total of over 5.38 lakh jobs were generated during the financial year 2012-13 across India with 2.65 lakh jobs getting generated in first half of the year and 2.73 lakh jobs during second half of the financial year” according to a sector specific analysis titled ‘Job Trends Across India in 2012-13’.
The ASSOCHAM Economic Research Bureau (AERB) sourced their inputs primarily from data tracked on a daily basis for vacancies posted by about 4,000 companies via job portals like timesjobs.com, naukari.com, monster.com, shine.com and job related advertisements published in national and regional newspapers for about 56 cities and 32 sectors offering job opportunities.
The job scenario for the second half of the financial year 2012-13 reveals that Delhi and National Capital Region (NCR) topped as the job generation center with over 66,000 jobs followed by Bangalore (over 40,000 jobs), Mumbai (over 35,500 jobs), Chennai (almost 21,000 jobs) and Hyderabad (20930 jobs) to round-up the list of top five employment generating centre’s in India.
Sector wise, Information technology (IT) ranked on top with 1.2 lakh jobs generated during the second half of the financial year 2012-13 across the country.
Academics and education ranked second with over 19,500 jobs generated in the sector followed by insurance (over 12,000 jobs), financial services (11,680), banking (11,675 jobs), automobile (11,290 jobs), manufacturing (10,670 jobs), engineering (9,835 jobs), and IT hardware (7,000 jobs) as the other leading job generating sectors in India during the second half of the financial year 2012-13.
In terms of growth, aviation sector has registered the highest new job generation growth of over 72 per cent followed by HR (16.3 per cent), academics and education sector (8.0 percent) and real estate (0.2 per cent). Whereas, the rest of the sectors registered negative growth rate that ranged from over 4 to 46 percent during the period.