A total of over 1.36 lakh new jobs were generated in various sectors across India during second quarter (Q2) of FY14 which increased from over 1.25 lakh new jobs that were generated during Q1.
Top five metros viz., Bangalore, Chennai, Delhi-NCR, Kolkata and Mumbai together account for about 61 per cent of these new jobs, according to a sector-specific analysis on Job Trends Across Cities & Sectors, conducted by The Associated Chambers of Commerce and Industry of India (Assocham).
The banking, financial services and insurance (BFSI) has ranked as second highest job generating sector with over 22,900 new jobs and the sector together has clocked a growth rate of over 32 per cent. Construction and engineering sector together has generated over 7,200 new jobs and thereby registering a growth rate of over 10.5 per cent, as per the analysis.
Telecom, civil aviation, pharma and bio-technology, fast moving consumer goods (FMCG), energy, hospitality, advertising and event management, sports, merchandising, other manufacturing, automobile, research and consultancy are amid other significant sectors that have seen a surge in employment generation.
While academics and education, real estate, agriculture and allied activities, architecture, gems and jewellery, human resource (HR), infrastructure, logistics, media, retail, textile and warehousing are certain sectors that have registered a dip in new job generation in Q2, highlighted the analysis conducted by the Assocham Economic Research Bureau (AERB).
Amid other tier I centres, Pune has seen massive surge in new job generation of about 40 per cent during the aforesaid period apart from Ahmedabad (over 31 per cent rise), Surat (24 per cent rise) and Hyderabad (16.5 per cent rise).
While in the tier II category the cities of Amritsar, Allahabad, Aurangabad, Bhopal, Chandigarh, Dhanbad, Guwahati, Gwalior, Indore, Jaipur, Jamshedpur, Nagpur, Patna, Raipur, Ranchi, Vizag, Vijaywada and Vadodra have seen a rise in new job generation. But Coimbatore, Gandhinagar, Kanpur, Lucknow, Ludhiana and Meerut have registered a decline in new job generation.
In the tier III category Agra, Dehradun, Jalandhar, Jammu, Mysore, Panjim, Patiala and Vellore have registered an increase in new job generation. While, Kota and Mangalore have seen a decline in new job generation in this category.
The Assocham team tracked the data on a daily basis for vacancies posted by over 3,000 companies on various job portals, advertisements in job supplements of national and regional dailies and news journals for 56 cities and 32 sectors offering employment opportunities across India.