Real estate, construction top employment generators in April 2017

The construction and real estate industries have emerged as the leading employment generators for skilled workforce, as these sectors gear up for growth, following the government’s agenda of providing affordable housing for all, says a report

While the overall talent demand was up by three per cent during April 2017, the real estate sector posted a seven per cent increase in talent demand and the construction sector saw a six per cent increase in demand, according to the latest RecruiteX, the recruitment index by TimesJobs. “Coupled with prime minister Modi’s drive to create a business-friendly environment, drive real estate growth and create jobs, the sector is on a hiring spree to take advantage of the next growth wave,” TimesJobs’ business head Ramathreya Krishnamurthi said.

See also: Is the Indian realty sector taking the skill gap problem seriously?

While construction and real estate were the top hiring sectors during April 2017, logistics, petrochemicals, IT, telecom and BFSI also hired significantly during the month, it said.

The report said, among locations, while Bengaluru and Pune posted the maximum rise in demand, Ahmedabad and Indore were the top among the non-metros. When it comes to states, Maharashtra (excluding Mumbai and Pune) posted a five per cent rise in demand, it said.

Hiring for experienced professionals gained momentum, while it dropped for freshers, it said. Candidates having over 20 years of experience posted the highest rise in talent demand in April 2017, it added.

 

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