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38% of recruiters expect new jobs to be added in 2009: Naukri.com survey

According to a study by Info Edge India’s job portal Naukri.com, 38 per cent of recruiters anticipate new jobs to be added in 2009, 37.8 per cent expect replacement hiring, 14.3 per cent expect a freeze and 9.5 per cent anticipate layoffs. The findings are based on an email survey of over 1500 recruiters across India.

According to a study by Info Edge India’s job portal Naukri.com, 38 per cent of recruiters anticipate new jobs to be added in 2009, 37.8 per cent expect replacement hiring, 14.3 per cent expect a freeze and 9.5 per cent anticipate layoffs. The findings are based on an email survey of over 1500 recruiters across India.

Info Edge India has also said that its monthly update of JobSpeak shows that the overall job index fell by 10 per cent to 697 in December 2008 from 776 in November 2008. Overall, this implies a 31 per cent decline in new jobs since the base month of July 2008, when the index was taken as 1000, thus reflecting the economic turbulence and impact of the recession in US.

Hitesh Oberoi, COO and director, Info Edge India, has said, “December was worse than expected. In the coming months, no significant recovery is expected, however it is possible that the index will bottom-out at current levels. In this uncertain environment, visibility remains poor.”

A break up of jobs available for various experience bands, during December 2008, reveals that professionals with 4-7 years of experience are at a higher demand than younger professionals. About 36 per cent of the jobs available cater to this experience band. JobSpeak, an index that showcases the current job scenario, has been calculated based on new jobs added to Naukri.com month on month.

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