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Employment In Infrastructure Sector Picks Up According To An Assocham Placement Pattern (APP) StudyBy ugesh sarkar, Section Jobs Wanted/Available
In wake of the huge private and government investments lined up in the infrastructure projects, pace of employment generation in the sector has risen significantly as evident from a share of 12 per cent in the total employment opportunities generated in the first three months of the fiscal, according to an Assocham placement pattern (APP) study.
The APP study - Job trends in infrastructure sector - has also revealed that the sector comprising aviation, construction, energy, core infrastructure and metals & mining, have jointly contributed a significant share of 12 per cent to the job vacancies posted in first quarter of this fiscal. The study comprised a sample size of total 1,05,638 jobs generated, spreading over 55 cities categorised in three tiers according to the size, population and other demographic characteristics. The sector created a 12,580 job opportunities out of the total sample size between April-June'08. However, if one looks at the period between 2000-2005 employment in the organised sector, it has been stagnant and a declining trend can be seen in the infrastructure sector of electricity, gas, water and construction shows a study conducted by PHD Chambers of Commerce. Click On "Full Story" For More...
A break up shows that in the public sector employment in electricity, gas and water has dropped from 9.35 lakh persons in 2001 to 8.65 lakh in 2005. Similarly, in construction the figure falls from 10.81 lakh in 2001 to 9.11 lakh in 2005.
In private organised sector, figures for employment in electricity, gas and water has dropped from 0.52 lakh in 2001 to 0.49 lakh in 2005. Similarly, in construction the figure falls from 0.57 lakh in 2001 to 0.49 lakh in 2005. The Assocham study further shows that construction segment had a maximum share of 24.32 per cent in the total employment generation in the infrastructure sector. The number of job openings in the segment remained buoyant on account of a rise in the construction activities of different projects under progress. Energy, one of the key drivers of the infrastructure sector, had a share of 18.80 per cent with the number of job openings in the segment totalling to 2,365. Core infrastructure has been the least contributing segment in terms of the number of jobs generated in the quarter. The increased cost of finance might have taken its toll on the segment with 1,857 newly created jobs and a share of 14.76 per cent. Source: Tribune News Service 21/Aug/2008
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