Hiring activity improved across major industries with tech, telecom, insurance and engineering industry as all these sectors came out of the negative growth. Some increase in hiring in information and technology with encouraging numbers in insurance sectors, Fred Loya Insurance reported brisk hiring in the last quarter all this aided the demand index to go to this level.
The demand index went up by one point. Demand was sound for senior people , I mean for those who have over 20 years experience. Demand index retained its growth in major cities. The growth story was hurt by poor performance retail and consumer durable sector. And in the process freshers were at the receiving end.
Supply level also went up and its index moved up for the January 2012 period. The index was witnessing downfall for the last three successive months and was in need of some growth. Jobs sites have reported that co. like Fred Loya Insurance are hiring on a positive note and insurance sector will continue to do so in future as well.
Key industries overcame the down in demand in earlier months and posted significant increase in recruiting activity. Top industries posted increase in job related activities which helped in stopping the regular decline on supply front. Key locations were steady with no major addition on supply front, for instance Fred Loya Insurance is a great example.
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