Hiring stable in Bangalore: Naukri survey

In a reflection of the economic turmoil in the West affecting the Indian IT services sector, during May 2012, both IT- software and ITeS the largest job creators in the city have seen a marginal dip in the hiring levels compared to the previous month. The IT-services sector mainly depends on the West for its business.Despite uncertain economic conditions and low GDP growth, the overall hiring activity of Bangalore is moving at a steady pace. The Naukri Job Speak index for May 2012 is 23 per cent higher than what it was a year ago, but monthly growth has been negligible owing to a mixed hiring sentiment across sectors.

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