NEWS FOR NEW HIRES: ONE MILLION JOBS
UP FOR THE GRABS
The country's leading manpower solutions providers have forecast more than one million new jobs this year after a keen study of how the jobs are trending upward in seven of the 22 sectots in the Asia's other powerhouse which is getting ready for its moment under the Sun.
It is India booming and the million dollar question is whether Indian companies will be able to continue to find enough high calibre recruits to satisfy the burgeoning demand.
While many of the 2006 firms surveyed continue to be staffed by recent graduates, medicare witnessed the steep growth in hiring at 8.9 per cent, 1.6 per cent more than the growth driver IT.
Though ITeS is steady at 7.2 per cent yet hospitality industry surged ahead unprecedentedly at 6.9 per cent.
The hospitality sector is well set to absorb the maximum in 2008 for its 4,26,668 jobs. Medicare business would have a 2,95,829 new head count in 2008 and the fresh buds Education, Training as well as Consultancy would rope in 1,66,005.
Finance hub Mumbai would job out the maximum number of works to a record time high while Delhi, Chennai and Kolkata would rank second, third and fourth respectively.
Hyderabad topped the list in the highest percentage increase in job creation from 2006-07 to 2007-08, followed by Pune.
Bhubaneswar, which seemed to look as if it had been dragged through a hedge backwards due to centuries of slow developmental pace, marked a growth of above 20 per cent in job creation.
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