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M&E industry shows steep drop in Monster Employment Index over 12 months

22 October 2013 12:03 pm | Indiantelevision.com Team
 

BENGALURU: The Monster employment Index over a 12 month period between September 2012 and September 2013 reveals that online recruitment activity by the Media and Entertainment Industry (M&E) showed one of the lowest growths with a decline of 32 per cent. Only four of the 27 industry sectors monitored by the Monster Employment Index registered expansion in online recruitment activity during that period. 

Monster Employment Index India results for the past 18 months are:

Apr 12

May 12

Jun 12

July 12

Aug 12

Sep 12

Oct 12

Nov 12

Dec 12

129

128

126

128

126

132

135

129

136

Jan
13

Feb
13

Mar
13

Apr
13

May
13

Jun
13

Jul
13

Aug
13

Sep
13

128

133

133

136

127

131

123

122

120

As a matter of fact, the M&E industry was just ahead of the Printing / Packaging industry which was down 39 per cent, showing the steepest annual decline.  Import / Export sector which was up 12 per cent followed by Education which showed an increase of five percent, exhibited the highest annual growth among sectors. Healthcare, Bio Technology and Life Sciences, Pharmaceuticals sector with an increase of four percent), showed positive growth in online recruitment activity y-o-y during this period.

Top Growth Industries

Lowest Growth Industries

Year-over-year Growth

Sep
12

Sep 13

% Growth
Y-o-y

Year-over-year Growth

Sep 12

Sep 13

% Growth Y-o-y

Import / Export

95

106

12%

Chemicals/ Plastic/ Rubber, Paints, Fertilizer/ Pesticides

104

79

-24%

Education

102

107

5%

Logistic, Courier/ Freight/ Transportation

146

109

-25%

Healthcare, Bio Technology & Life Sciences, Pharmaceuticals

125

130

4%

Garments/ Textiles/ Leather, Gems & Jewellery

160

119

-26%

Real Estate

137

138

1%

Media & Entertainment

141

96

-32%

IT - Hardware, Software

144

140

-3%

Printing/ Packaging

120

73

-39%

Included among the top growth occupations was Marketing and Communications, despite a drop of eight per cent during September 2012 and September 2013, while Arts/Creative with a y-o-y drop of 31 per cent was amongst the lowest growth occupations. 

Online demand improved in three of 13 occupational groups monitored by the Monster Employment Index between September 2012 and September 2013.  Healthcare (up seven percent) professionals are the only one to report a positive annual demand amongst the occupational groups. Senior Management (down 49 per cent) exhibited the steepest annual decline among occupation groups.

Top Growth Occupations

Lowest Growth Occupations

Year-over-year Growth

Sep
12

Sep
13

% Growth
Y-o-y

Year-over-year Growth

Sep 12

Sep 13

% Growth Y-o-y

Health Care

115

123

7%

Purchase/ Logistics/ Supply Chain

145

123

-15%

Legal

136

130

-4%

Finance & Accounts

112

95

-15%

HR & Admin

111

106

-5%

Engineering /Production

115

97

-16%

Marketing & Communications

102

94

-8%

Arts/Creative

148

102

-31%

Sales & Business Development

138

123

-11%

Senior Management

140

71

-49%

 Online recruitment activity was up on the year in three of 13 locations monitored by the index. Ahmedabad (up 17 per cent) followed by Kolkata (up six per cent) led all cities in annual growth. Among major metro-areas, Kolkata (up six per cent) followed by Delhi-NCR (up four per cent) registered the highest annual growth. 

Top Growth Cities

Lowest Growth Cities

Year-over-year Growth

Sep
12

Sep
13

% Growth
Y-o-y

Year-over-year Growth

Sep
12

Sep
13

% Growth Y-o-y

Ahmedabad

108

126

17%

Chennai

133

126

-5%

Kolkata

128

136

6%

Jaipur

152

131

-14%

Delhi-NCR

125

130

4%

Kochi

179

137

-23%

Bangalore

144

144

0%

Coimbatore

193

133

-31%

Mumbai

137

135

-1%

Baroda

152

101

-34%

“The annual decline in the Monster Employment Index is reflective of the current uncertain economic / political scenario. Employers continue to adopt a cautious approach while hiring in view of this prevailing scenario,” said Monster.com (India/ Middle- East/ South East Asia) MD Sanjay Modi.

 
 
 
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