Real Estate & Construction are top employment sectors: TimesJobs

With the Government’s focus on providing affordable housing to India’s 1.3 billion citizens, the construction and real estate sector is gearing up for massive growth. This was evident with the , as reported by the latest RecruiteX, the recruitment index by TimesJobs.
While overall talent demand was up by 3% during April 2017, real estate posted a 7% rise in talent demand and the construction sector saw a 6% rise in demand.
“Our RecruiteX report reflects the growth of the Indian middle class and their rising purchasing power, which has converted the dream of owning a home into tangible demand for affordable housing. When 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.” explains .
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. Business managers, consultants, hospitality, logistics and BFSI professionals reported significant rise in demand. IT, Telecom and engineering profiles, too witnessed rise in demand.
Among key locations, Bengaluru and Pune posted the maximum rise in demand. Ahmedabad and Indore were the top hiring among the non-metros. Among states, Maharashtra (excluding Mumbai and Pune) posted a 5% rise in demand. Hiring gained momentum for experienced professionals while it dropped for freshers. Candidates having over 20 years of experience posted highest rise in talent demand in April 2017.


· posted a 7% rise in talent demand. sectorsaw a 6% rise in demand.
· reported a 21% rise in demand.
· Among top hiring locations, witnessed a 14% rise in demand.
· Candidates across all experience categories saw an active rise in demand, especially candidates with of experience, who saw a 10% rise in demand.

RecruiteX reports a rise across key employment generating segments. As mentioned earlier the real estate and construction industries were the best performing sectors during April 2017.
registered highest rise of 7% in hiring during April 2017
sector posted a 6% rise in demand. sector reported a rise of 4% in talent demand.
sector posted a 3% rise in demand
> and sectors also saw a 2% rise in demand.

During April 2017, demand grew across key functional areas. Business management and consultants were the most in-demand profiles during the month.
> reported a 21% rise in demand.
> professionals witnessed a 12% rise in demand.
> and professionals saw an 11% rise in demand and witnessed a 10% rise.

Demand witnessed positive hiring momentum in most major employment hubs during the month of April 2017. Bengaluru and Pune were the best performing locations, during the month.
> Among top ten locations, andreported a 14% rise in demand. also posted a significant 13% rise in demand.
> saw an 11% rise in talent demand in April 2017. posted a 5% rise in demand.
> and posted an 8% rise, saw a 3% rise and reported a 2% rise in demand in April 2017.

Talent demand was upbeat across all professionals with experience, except freshers and those with less than 2 years of experience.
> Candidates with of experience reported highest rise (10%) in demand during April 2017.
> Candidates with of experience posted an 8% rise in talent demand, followed by candidates with of experience with a 6% rise.
> Candidates with of experience witnessed a 5% rise, while freshers and candidates with of experience reported a 4% drop.
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Media Contact:
Aseem Seth, Head of Corporate Communications, 9910273367, aseem.seth@timesgroup.com
Press Release by TimesJobs via Brandwire.in