With a share of about 23 per cent, Delhi and National Capital Region (NCR) has generated maximum jobs across different sectors throughout India and in the metros during the last two consecutive quarters, according to a just concluded analysis by apex industry body ASSOCHAM.
Delhi-NCR generated over 29,000 jobs in the Q1 of the current financial year while over 1.2 lakh jobs were generated across India during the aforesaid period, according to a sector specific analysis titled ‘Job Trends Across Cities and Sectors,’ released by The Associated Chambers of Commerce and Industry of India (ASSOCHAM).
There has been a dip of over 20 per cent in the total job generation between Q1 of the current financial year and the Q4 of the previous financial year across India which showcases a clear slowdown in employment, highlights ASSOCHAM.
“This basically reinforces the picture that employers in India are turning very cautious in wake of the global economic slowdown which has also lead to a sharp decline in attrition levels at India Inc,” said Mr D.S. Rawat, secretary general of ASSOCHAM while releasing the findings of the chamber’s analysis.
Besides, there has also been a dip ranging between14-33 per cent across eight metros – Ahmedabad, Bangalore, Chennai, Delhi-NCR, Hyderabad, Kolkata, Mumbai and Pune, highlights the analysis prepared on the basis of data tracked by ASSOCHAM Research Bureau (ARB) from two main sources namely online and print media.
The ASSOCHAM team tracked the data on a daily basis for vacancies posted by about 3,500 companies via job portals like timesjobs.com, naukari.com and advertisements in the national/regional dailies and the news journals for 56 cities and 32 sectors offering job opportunities.
Information Technology (IT) and Information Technology Enabled Services (ITeS), Education, Banking, financial services and insurance (BFSI) and Automobiles are the top five sectors generating maximum jobs across India.
Apart from the education sector which has seen a surge of over 41 per cent in job generation, rest of the sectors have seen a dip ranging between 6-31 per cent during the course of the last two quarters, points out the ASSOCHAM study.
IT-ITeS is the leading sector which has created over 11,000 jobs in Delhi-NCR, followed by education, automobile, engineering, other manufacturing and BFSI are leading sectors which have generated maximum jobs in the city.
Mumbai followed by Bangalore, Pune and Chennai are the top five tier I centres that have generated maximum jobs with a share ranging between 8-14 per cent in total job generation across India.
In the tier II category, Lucknow has topped the list with 1,698 jobs thereby registering a surge of over 54 per cent in job generation between the Q4 of FY ’11 and Q1 of FY ’12. But the city’s share in the total job generation across India is a paltry 1.3 per cent, according to the ASSOCHAM.
Chandigarh, Vadodra, Jaipur and Surat are other tier II centres that have generated maximum jobs between 1,000-1,500 in numbers. Apart from Lucknow only Jaipur has seen a surge of 4.2 per cent in job generation while rest of the centres have seen a dip in job generation.
In the tier III category, Dehradun has topped the charts with over 650 jobs generated thereby registering a growth of over 54 per cent in job generation between the Q4 of FY ’11 and Q1 of FY ’12.
Gwalior, Ludhiana, Bhubaneshwar and Raipur are other leading tier III centres that have generated maximum jobs at the tier III centres. Apart from Dehradun, Gwalior and Ludhiana both Bhubaneshwar and Raipur have seen a dip ranging between 23-37 per cent in the job generation growth rate during the last quarters.