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This is an archive article published on June 9, 2011

‘Hiring activities improve in May’

Oil,gas,petroleum,power and retail were the sectors that led the growth.

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Recruitment trends improved last month,primarily driven by increased hiring activities in sectors such as oil,gas,petroleum,power and retail,according to job portal Monster.com.

Indicating better hiring trends,the Monster Employment Index — a monthly gauge of online job demand — climbed 12 per cent in May 2011 as compared to the year-ago period.

“The Index continues to record a positive year-over-year trend,with strong pockets of demand for professionals within the IT,oil/gas and automotive sectors,” Monster.com’s Managing Director (India/Middle East/South East Asia) Sanjay Modi said in a statement on Thursday.

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Oil,gas,petroleum,power and retail were the sectors that led the annual growth. Overall online job demand in the oil/gas/petroleum and power sectors rose 30 per cent in May.

“Sales and business development occupations recorded notable expansion in online demand,while opportunities in finance and accounts declined,” the statement said.

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