New Delhi: Job generation in the Indian industry dropped by a sharp 19.9 per cent during July-September as compared to the previous quarter due to persisting weaknesses in the economy, the Associated Chambers of Commerce and Industry (Assocham) said on Wednesday.



The sectors of IT, infrastructure, hospitality and aviation reported negative growth, the industry body said.



"Signs of weaknesses in global economy and slow recovery in industrial output in the Indian economy appear to be weighing on the minds of corporates in their hiring plans," Assocham said, adding that as many as 23 of 32 sectors monitored by it posted a decline in job postings.



It also said that Delhi/NCR emerged as a leading jobs generating centre in India during the period.



"Amidst persisting weaknesses in the economy, job generation in India Inc saw a sharp drop of 19.9 per cent during July-September," it said.



The city generated 28,192 jobs during the quarter as against 46,652 jobs during April-June 2014, it said.



Bangalore, Mumbai and Chennai centres recorded positive growth rates of 8.23 per cent, 0.05 per cent and 25.22 per cent respectively in terms of job creation.





"While Pune, Hyderabad, Ahmedabad and Kolkata have recorded negative growth rate of 11.38 per cent, 19.05 per cent, 6.29 per cent and 14.61 per cent respectively during the same period," it said.Among sectors, the worst hit ones were media, insurance, pharmaceuticals, retail, aviation and FMCG."For instance, the media saw a contraction of about 60 per cent in job postings while the troubled real estate industry reduced hiring by over 75 per cent," it said.

About 4,500 corporates across 32 sectors posted a total of 1.32 lakh jobs during the July-September 2014 period across India as against 1.65 lakh during April-June 2014, Assocham findings said."While the business sentiment seems to be picking up, the corporates are still not sure whether to go ahead with hiring plans. The signals from the global market point towards a slowdown and this is surely affecting hiring in the IT which drives bulk of its revenues from exports, particularly to the US, Europe, Japan."