The year 2001
has spelt "hiring and firing" in the Indian job market.
There has been 20percent dip in the job market as compared to the
7 percent increase in the previous years. However, our recent research
shows that the employment outlook in India seems much stronger for
technology workers even now. The research also shows that there
is ample opportunity available for talent in the non-it sector.
is an extension to our earlier research on the job market, for the
period August 2000- January2001. This can be accessed at http://www.careermosaicindia.com
We have covered the top 45 industries, concentrating on the chosen
5 that have created the maximum number of employment opportunities.
This information has been culled over a period of 6 months (February2001-
July2001) covering 29 dailies and magazines from the Indian print
media. We have also accessed the industry data from our sister concern
Our first section
gives an over view of job trends in the last 6 months. This covers
all the industries analysed so far.
From the first graph, we can clearly see that there has not been
a steady climb in the number of jobs over the last 6 months, Rather
there have been highs and lows. However, the good news is that there
is no drastic rise and fall in the employment trend. The difference
between the highest month, which is May, and the lowest, June is
Based on our
research, the top 5 industries employ 60.872% of the total.
IT and IT enabled services 27.77% (7835)
Education/Academics 13.77% (3885)
Engineering 10.545% (2975)
Pharmaceuticals 4.647% (1311)
Construction/real estate 4.133%
Job in top
5 industries between February 2001- July 2001
The IT industry
round the world has taken a major beating due to the U.S economy
slowdown. However the Indian IT industry remains less affected.
Jobs in the IT industry have been on a freeze, but the number of
layoffs has been negligible. The IT industry still remains in the
number one position, followed by Education/Academics, Engineering,
Pharmaceuticals and Construction/Real estate. In our last report,
IT industry was in first place followed by engineering and academics
in the third and fourth place respectively. The two new entrants
in the market are pharmaceuticals and construction.
employment within the top 5 industries February 2001- July 2001
created in these industries have been analysed according to the
level of management, namely junior, middle, senior and top. Junior
level management includes employees with up to 3 years of work experience;
the middle level requires an experience of three to ten years (e.g.
project managers). Senior level management calls for about 10-15
years of work experience and includes General managers to Vice-Presidents.
The top level refers to CEO's and directors with work experience
of 15 years and above.
In our third
graph, we see there is a huge demand for junior level employees
in the IT industry. The two main reasons being-
A flat hierarchy
The project worth is calculated
on the man-hours put in. Therefore the greater the manpower, the
higher the project worth.
Thus the job
market has not seen a drastic increase in employment trend. The
Indian market is slowly but steadily opening up opportunities for
workers. The good news is that freshers with the latest skill sets
will land up with jobs in the IT industry.
Team: Our research team at careermosaicindia.com includes
Anant Wadkar, Suhana Basu, Ashwin Jyoti, Praveen D, Anand Bala and
e-mail us at: Rightclix@careermosaicindia.com
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