New Delhi Job Market Strong but South and West Sluggish
New Delhi and the National Capital Region (NCR) produced the best employment results, between April and June 2013, with 27% of the job market share, according to the Associated Chambers of Commerce and Industry of India. New Delhi-NCR generated over 34,000 jobs in Q1 2013, a year-on-year increase of approximately +16%. IT, Information Technology-enabled Services (ITeS), and hardware sectors created 47% of the jobs in New Delhi-NCR. Academic appointments accounted for the second most successful sector with 14% of the market share, followed by banking, insurance and financial services with over 6%. Kolkata was another high performing region with the second highest job creation numbers. New jobs totaled 6,500, a year-on-year increase of 1,000 jobs. IT, ITeS, and hardware sectors again created the most jobs with a 38% market share in the region. Bangalore recorded a +7% increase in new jobs number during the same period. New job figures in Chennai dropped by -21% year-on-year, with 2,200 fewer jobs created. Mumbai experienced the biggest decline in number of jobs created, falling -28% compared with last year.