IT and financial services hit most by Economic distress

As per a news report,Internet hiring portals are experiencing the slowdown and in all likelihood they can’t repeat the last year’s 30 to 40 per cent growth.

Jobstreet’s IT share has dropped from 44-50% to 20% in the pats six months.

Sectors that are hit most are:

IT
Banking and Financial services

Some key sectors that are still showing robustness and are largely unaffected are:

Automobiles
Consumer durables
Telecommunications
Insurance and asset management

--------

No comments