MEI India August 2010

www.monster.com August 2010 CONTACTS: Nidhi Madan Verma Monster India (91) 956 015 5115 [email protected] Rikhil Seth Genesis Burson-Marsteller (91) 981 064 7600 [email protected] Monster Employment Index India Edges Down by Six Points in August Maintains six-month growth rate of 14 percent August 2010 Index Highlights: • IT sector sees increase in online recruitment activity • Job opportunities in Education sector witness a significant decline • Mumbai, Hyderabad and Chennai see a notable rise in job opportunities Summary Overview The Monster Employment Index India descended six points (five percent) on the month, as online recruitment eased further from the recent June high. The Monster Employment Index is a monthly gauge of Indian online job demand based on a comprehensive real-time review of employer job opportunities culled from a large representative selection of online job sites, including Monsterindia.com®. Five of the 27 industry sectors monitored by the Index, emerged from dampened recruitment levels of July in August. However, medium-term growth rates were slower than those observed in July. Online demand dipped in 11 out of 14 occupational groups monitored by the Index. Index results for the past eleven months are as follows: AUG 10 JUL 10 JUN 10 MAY 10 APR 10 MAR 10 FEB 10 JAN 10 DEC 09 NOV 09 OCT 09 123 129 135 132 125 117 107 96 95 92 93 “The Monster Employment Index India has shown some slowdown in recruitment activity this summer, notably in investment led industries, such as Production/Manufacturing; Engineering, Construction, Iron and Steel. However, the longer-term trend still reflects expansion, with the Index showing growth of 14 percent over the past 6 months,” said Sanjay Modi, Managing Director (India/ Middle East/ South East Asia), Monster.com. Real Estate registers a significant rise in online job opportunities; Online demand for IT –Hardware, Software witnesses a notable rise; Production and Manufacturing sector observes the steepest month-on-month as well as six-month decline

MEI India August 2010

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