“Indications are that the economic slowdown and hiring have bottomed out. We are now in the recovery stage as far as hiring is concerned.”

A city-wise analysis shows that five out of top eight cities in the country have seen an upward trend in hiring, though Mumbai and Pune witnessed decline.

For the period under consideration, hiring activity in Delhi-NCR and Kolkata rose 2 per cent and 1.43 per cent, respectively. For Chennai it was 7.05 per cent, Bangalore 3.33 per cent and Hyderabad 6.65 per cent.

Full article after the jump.