Hiring activity in pharma sector dips 3 months in a row

In September 2012 there has been no action in the recruitment front for the pharmaceutical sector. However, what is worrying is the fact that hiring has been consecutively dipping for the past two months. Hiring levels for September 2012 is 6 per cent lower than what it was in August 2012 and 8 per cent lower than July 2012.

The first half of the year had been upbeat for the sector with recruitment activities taking place on full swing. Hiring activity for the pharma sector in September 2012 is 10 per cent lower than February 2012.

Methodology: The Naukri Job Speak index is on the basis of job listings added to the site every month. To calculate the index, job listings added to the site in July 2008 have been taken as 1,000. The subsequent months have been indexed with data of July 2008. The monthly report shows hiring trends across industry sectors, geography and functional areas. There might be high volatility for certain fringe cases like smaller cities, niche industries etc. owing to a small base, but more than 42000 clients using Naukri.com leads to high reliability of the data.