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Delhi-NCR grabs top spot in job creation among 8 cities in Q4 of FY 16 with 30% share in fresh jobs: ASSOCHAM study

By   /  May 29, 2016  /  Comments Off on Delhi-NCR grabs top spot in job creation among 8 cities in Q4 of FY 16 with 30% share in fresh jobs: ASSOCHAM study

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New Delhi: Cities with maximum jobs are a ray of hope for job seekers. Delhi-NCR (National Capital Region) has emerged as the leader in creating the maximum number of jobs among 8 cities during the fourth quarter of the last fiscal with 30% share in fresh jobs. Delhi-NCR generated over 2.6 laks new jobs while a total of 8.5 lakh jobs were created in eight major cities, an ASSOCHAM study has found.

After Delhi-NCR, Bangalore remained at second position while generating 1.9 lakh (23.4 percent share) new employment opportunities while Mumbai 1.5 Lakh jobs (18.6 percent share). Other cities such as Chennai recorded 82.2 thousand and Hyderabad 60 thousand new jobs. About 88.9 percent of job openings have been recorded in these top five cities, finds ASSOCHAM placement study.

Other major cities that have recorded significant job openings during January to March 2016 are Pune (49.2 thousand), Kolkata (25.2 thousand) and Ahmedabad (20.5 thousand), highlighted the study. The study covers job creations in eight cities: Delhi-NCR, Bangalore, Mumbai, Chennai, Hyderabad, Pune, Kolkata, and Ahmedabad.

Information technology (IT), IT-enabled services (ITeS) and IT hardware sector together have a lion share in new job creation and accounted for 60.6 per cent in the total number of new jobs generated across sectors during January – March 2016. While services has grabbed second spot with 17.6 percent share followed by manufacturing (9.4 percent), banking, financial services & insurance (7.6 percent) and construction & real estate (3.2 percent) in total employment generation in the quarter, says the chamber study.

A total of over 8,50,000 lakhs new jobs were generated across India during the last quarter of 2016, the Associated Chambers of Commerce and Industry of India (ASSOCHAM) said in a release.

However, banking, construction, financial services, fast moving consumer goods (FMCG), human resources (HR), manufacturing, advertising, event management, real estate, retail and telecom are the other sectors which created job creation during 2016.

In Delhi-NCR, out of the total job openings about 61.1 percent of job openings are recorded from ITEs followed by services (18.5), manufacturing (8.4 percent), banking financial services & insurance (7.2 percent) and construction & real estate (3.1 percent) of all the new jobs generated.

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