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November 22, 2009
         
Tier-II cities ahead of metros in job creation: Study
Updated on Sunday, November 01, 2009, 13:44 IST Tags:Job
New Delhi: Medium size towns, known as Tier-II cities, have outpaced the metropolitans in creation of white collar jobs in the private sector, indicating a recovery in the overall employment market, a study has revealed.

Employment opportunities in the private sector increased by close to 30 percent in the second rung cities, while in top metros, they improved by about six percent in the first seven months of the current fiscal, the study by Assocham found.

However, the job creation in Delhi NCR showed a decline of 23.42 percent and in Mumbai by 3.28 percent this fiscal compared to last financial year.

But bulk of the employment among the metros got generated in the two cities, with Delhi claiming 34 percent and Mumbai over 13 percent share between April-October this fiscal.

For smaller cities,the job market worsened signalling "the benefits of the stimulus packages have yet to percolate down," the chamber said.

Assocham President Swati Piramal expressed concern over the lack of opportunities in the small cities stating "migration of youth towards bigger towns would continue."

In all, the study found 3,21,294 job offers on different portals between April-October 2009 against 3,00,000 in the same period last year.

Bureau Report


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