Wednesday, October 13, 2010

The 10 fastest job-creating cities in India

A study on 'Job Trends in the Four Metros' by Assocham has analysed the trend of job openings in 60 cities and 32 sectors during the period April-August 2010. This was reported by PTI.

The share of four major metropolitan cities of India in job creation was found to be 57.22 of the total sample size. 

According to the secretary general of Assocham, the jobs are being created at all levels. University placements have again started and this positive trend is expected to continue for another 6 months.

The fastest job-generating city came out to be Delhi-NCR among the four major metropolitan cities in India. It has shown a growth of 34.27 per cent in employment generation during the period of April-August this year.

As per the study NCR is the most prominent employment destination for the aspirants and has the major share of 34.20 per cent.

The top job creating sector came out to be Agriculture and allied services in NCR with a growth of 314.29 per cent since last year. At the second and third positions are Textile (159.83 per cent) and real estate (158.51 per cent) respectively. The infrastructure and aviation sectors are ranked fourth and fifth.

Mumbai stands at second place as far as total vacancies offered are concerned. Here a academics offered largest number of vacancies. Around 59.47 per cent of the openings belonged to the education sector in the last 5 months. IT sector created maximum number of jobs as compared to the four metros.

Chennai is ranked third. The IT and IT-enabled services accounted for 57.07 per cent of the total job openings, followed by IT/hardware sector. The share of IT/hardware sector has been 54.93 per cent of overall openings in four metro cities. The engineering segment has the share of 54.29 per cent in the total employment generation in the sector. This has been attributed to the rise in demand of engineering goods due to the ongoing CWG games.

Then comes Kolkata, with a share of 4.19 per cent in generation of employment opportunities. Export-import sector has shown a trend of recovery which in turn has led to the growth of manufacturing sector. But telecom, FMCG, banking and logistics sectors have marginal decline in job creation during the period.

In the Tier-II cities, Pune has emerged as the highest employment-generating city out of all the other tier-II cities of the country. It had the maximum share of 19.5 per cent of the total jobs created in all the tier-II cities. IT, banking, education and automobiles were the main sectors where employment opportunities were created.

The share of Lucknow was 14.3 percent. It came out to be the second largest in the tier-II cities for employment generation. At the third place was Pondicherry, with 10.5 percent as its share.

Among the other tier-III cities, Ranchi had the largest share of 16.8 per cent, followed by Mangalore and Mysore.

The top five sectors that created the maximum jobs in Ranchi were energy, construction, metals, electronics and telecom. Mangalore stood at the second place with 14 per cent share of the jobs. Mysore came out to be the third fastest job-creating city amongst tier-III cities. 

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