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Online Hiring Down 5% in August

Online Hiring Down 5% in August

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  11 Sep 2018 5:46 AM GMT

NEW DELHI: Online recruitment activity in India declined five per cent on a year-on-year (YoY) basis in August 2018, a Monster.com report said on Monday. Hiring declined for the third consecutive month in August, said the Monster Employment Index. Recruitment in the major sector of agro-based industries declined by 23 per cent last month, it said. The highest decline in online hiring was, however, witnessed in the printing and packaging segment, with a fall of 28 per cent in August. Commenting on the hiring trends, Abhijeet Mukherjee, CEO, Monster.com for APAC and the Gulf region said, “The current ease in hiring activity is indicative of a cautious hiring scenario owing to merger and acquisitions and an increasing demand for skilled candidates.” (IANS)

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