Organised sector to create 3.2 lakh jobs in Sep quarter


NEW DELHI: India’s organised sector is expected to generate over 3 lakh new jobs across sectors in the September quarter, a survey said on Wednesday.

The country’s organised sector is set to create about 3,20,400 jobs between July and September 2010, according to the findings study on the employment trend by staffing services firm Ma Foi Randstad.

“There is optimism in the economic scenario across all sectors and services sector has created most of the new jobs in the country,” it noted.

Around 650 companies across 13 industry segments were surveyed.

According to the report, 4,18,564 new jobs were generated between January and June this year, with health care sector alone seeing over 121,000 jobs. Hospitality industry added 63,000 jobs during the same period.

“The top five sectors leading the boom are health care, hospitality, real estate & construction, IT & ITeS and education, training & consulting,” it said.

When it comes to cities, Ma Foi noted that New Delhi, Mumbai and Chennai were the leading job generators. The three cities, together, saw the creation of 1,12,987 jobs for the period of January to September 2010.

“Kolkata, Bangalore and Hyderabad follow closely creating 30,000 plus jobs during the same period,” the report added.

Ma Foi Randstad’s Managing Director and CEO K Pandia Rajan said that there is increased optimism in hiring spread across all sectors.

“We see the service sectors like health care and hospitality spearheading the boom by adding significant number of jobs.

“The buoyant economy has given a boost to real estate & construction sector, which has demonstrated the highest growth in employment figures,” he said.

In the September quarter, real estate & construction segment is expected to see an average salary increase of four per cent. Pharmaceutical and health care industries are anticipated to witness an hike of 3.5 per cent and 3.4 per cent, respectively, during the same period.

Among cities, Bangalore is projected to see an average salary jump of 4.9 per cent, followed by Delhi and Pune, with an increase of 3.5 per cent each.

[Story Source] [Contest win Rs 1000-100,000 now]

This post was submitted by somya harsh.

Related Posts
Gujarat and Karnataka Lift Ban on the Sale of Maggi Noodles

Gujarat and Karnataka Lift Ban on the Sale of Maggi Noodles

In a new twist of events, Karnataka and Gujarat have lifted the ban on manufacture and sale of Maggi noodles, paying way for its return. The announcements by the two states came after a clean chit was...
Ninebot mini: Xiaomi unveils self

Ninebot mini: Xiaomi unveils self

New Delhi: Adding a brand-new product in its range of consumer goods, Xiaomi has unveiled a new self-balancing electric scooter.The Ninebot mini is a product of Xiaomi’s latest collaboration with ...
Motorola Confirms Rear Panel Defect in Some Google Nexus 6

Motorola Confirms Rear Panel Defect in Some Google Nexus 6

Some Google Nexus 6 owners have recently reported about defective handsets being shipped to them where the rear panel has started coming off.Motorola, the manufacturer of the Google Nexus 6 smar...
Vishal Sikka Begins With a Bang, Infosys Profit Beats Estimates

Vishal Sikka Begins With a Bang, Infosys Profit Beats Estimates

Infosys shares surged as much as 6.86 per cent on Friday after Indias second largest outsourcer beat earnings estimate in the December quarter. Analysts said Q3 results bear the imprint of new ...
Apple takes control of domain

Apple takes control of domain

Apple today took administrative control of the domain less than a week before CEO Steve Jobs is to unveil his company's new cloud-based service.According to WHOIS searches Wednesday, Apple ...
Kangana Ranaut is the new retro widow in Double Dhamaal

Kangana Ranaut is the new retro widow in Double Dhamaal

The retro Bollywood widow is all set to make a comeback in Reliance Entertainment’s and Maruti Internationals Double Dhamaal . The film sees Kangna Ranaut play a character inspired by Jaya Bachchan’s ...

Leave a Reply

We will keep You Updated...
Get Free Email Newsletter from VoteUpIndia Sign up for our free email newsletter. (Help?)
Read latest headlines in your favorite news reader
Follow VoteUpIndia  on Twitter Become a VoteUpIndia Fan on Facebook Subscribe to VoteUpIndia in Google Reader Add VoteUpIndia  to My Yahoo Add VoteUpIndia  to Netvibes Subscribe to Free Techie Buzz RSS Feed
Sponsored Links
Featured Video
Best Storytellers
Powered by Authors Widget
Recent Posts

McDonald's Suspends Employee, Probes Child's Eviction From Pune Outlet

PUNE: After reports emerged that an eight-year-old destitute child was thrown out of an outlet of...

Why Arjun Made a Humble Request to Cast Sonakshi in Tevar

It's all about wearing your Tevar, this new year. Arjun Kapoor looked dapper at the initial promotions...

5 things Modi needs to do ASAP, after Bihar loss

It's not correct to transpose the outcome from a state election as a referendum on the central government,...

Sehwag's half century in All Star tournament.

The first match has been really special. We thoroughly enjoyed being here. New York, you were brilliant....

Bihar Defeat May Lead to Silent Rebellion in BJP Against PM, Amit Shah: Arun Shourie to NDTV

NEW DELHI: In the aftermath of the BJP's debacle in Bihar, Arun Shourie, one time admirer of Narendra...

Court Refuses to Stop Gillette Razor Ad Starring Deepika Padukone

New Delhi: The Delhi High Court has refused to stop a Gillette razor advertisement starring Deepika...

Bigg Boss 9: Roopal Tyagi voted out of the house

TV actor Roopal Tyagi was evicted from reality show Bigg Boss on Sunday’s episode. Roopal is the...
Recent Comments
How i can submit my story...? and where i can see the staus of votes for this?
IFFI lose its art value,so it became lose it commercial value
Dear sir I am sending an article which is based on true story and needs your help to lime light such incidents which never come in
Thanks for the interesting article. Great Post. Keep it up
It is indeed heartening to learn that LSE, the world leader in higher education, will join hands with the most admired Reliance Foun
Tag Cloud