CareerMosaicIndia.com

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Job Market Research - (2001 - 2002)
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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.

This report 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

Methodology
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 themanagementor.com

JOB TRENDS

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 1136.

INDUSTRY WISE

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% (1166)

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.

LEVEL WISE

Level wise employment within the top 5 industries February 2001- July 2001

Employment opportunities 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 Shashank Sahni.

Contact Us at:

Tel:7893700
Fax:7893725

e-mail us at: Rightclix@careermosaicindia.com

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