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24% jump in online hires in Nov, says Monster survey

Sting Newz Desk: Online recruitment activity registered a 24 per cent jump in November — the highest this year — as the impact of demonetisation and GST seems to bottom out, says a survey.

The Monster Employment Index for November stood at 297, up 24 per cent over the year-ago period when it stood at 240.

Month-on-month also, the hiring activity improved 5.69 per cent in November.

 “The impetus towards improving macroeconomic fundamentals and the slowdown in the economy due to demonetisation and the adjustment impact of GST implementation seems to be bottoming out, placing India on an upward trajectory,” said Sanjay Modi, managing director,, APAC & Middle-East.
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