NE becomes job hotspot: Survey

NEW DELHI: Youths from North East might no longer feel the need to flock to the metros in search of better job avenues, as per a recent study conducted by RecruiteX data analysis.
The year-long study, which spanned from February 2014 to February 2015, reveals that the North Eastern states are emerging as new job hotspots with a higher salary bracket.
Automobile, IT services, consumer goods and financial sectors are top job growth drivers in the North Eastern states leading to 5-30 per cent annual growth in talent demand in the region.
Positive job scenario in the region is credited to improved infrastructure, better consumer sentiments and investments in IT and core manufacturing sectors such as automobile, consumer durables and FMCG, the study showed. Income in the region is also better compared to the metros in similar positions, it added.
In the average year-on-year analysis, Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Tripura, Nagaland and Sikkim reported growth rates in the range of 5-30 per cent for talent demand. In comparison, the top five metros reported an average growth of just 2 per cent in the same period.
According to the report, there are more jobs available in the income bracket of Rs 15-25 lakh as compared to the salary bracket of Rs 4 lakh and above in Manipur. Arunachal Pradesh is another major gainer with an average year to year growth of 19 per cent in talent demand among the eight states.
Interestingly, majority of the jobs are available in the Rs 4-10 lakh salary bracket in the state. Sectors such as education travel and tourism, FMCG (Fast-moving consumer goods) and BFSI (Banking, Financial services and Insurance) are strong across the region,” the study said.
Assam, Meghalaya and Mizoram have also reported higher average year to year growth in talent demand than the metros. In Sikkim, the demand for talent is up by 6 per cent in hospitality, IT-software, biotech and pharma.