Organised sector creates 11.34 lakh jobs in 2011: Survey

Staffing services firm Ma Foi Randstad's findings are based on an employment trends survey of 660 companies across 13 industry sectors in eight cities including Delhi, Hyderabad and Mumbai.

"The organised sector in India has created 7,39,064 jobs between January-September 2010 and 3,94,700 more jobs are getting added in the current quarter," the firm said today.

Health care, real estate & construction; hospitality and IT & ITES are among the sectors that generated most jobs.

"The health care sector has consistently reported the largest employment generation in the year 2010 by generating 2,60,052 jobs," Ma Foi noted.

According to the survey, IT & ITES sector has generated 1,16,700 jobs, much higher than expected.

"We see a strong positive growth in the overall picture of the organised employment in the country, as companies are recruiting more than what was anticipated during the beginning of this year... We expect aggressive hiring in the coming months and also increase in salary levels," Ma Foi Randstad's Managing Director K Pandia Rajan said.

In terms of cities, Delhi & NCR this year generated a whopping 1.14 jobs. "This region has created 44,183 jobs during the period of October to December 2010," it added.

As per the survey, Banking Financial Services and Insurance (BFSI) sector is creating the most number of new jobs for the freshers this year.

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