Is increase in number of resumes uploaded online a sign of economic slowdown?

Is India witnessing an economic slowdown? Are people losing jobs in India? The latest Internet Economy Watch Report for June 2013 jointly published by the Internet & Mobile association of India (IAMAI) and IMRB reveals that 2.93 million resumes were uploaded on various job portals in June 2013, which is a staggering y-o-y increase of 205% when compared with the number of resume uploads in corresponding month last year. Profile uploads on matrimonial sites increased to 2.16 million in June 2013 as compared to 0.75 million in 2012.

The monthly tracker also finds a marginal y-o-y growth of 17 percent in online booking of railway tickets in June 2013 considering that it is the vacation month in India on account of summer holidays in schools. Railway tickets booked online in June 2013 were 6.81 million as compared to 5.83 million in June 2012. The online bookings of air tickets witnessed an increase of 1.45 million bookings in 2012 to 1.70 million bookings in 2013.

According to the data captured from major e-tailing sites in the monthly tracker, online visit to branded apparels and designer label segments have increased by 96 percent and 27 percent respectively, when compared to the numbers of corresponding month last year. A significant increase has been registered in the online users visit to mobile segment. The number of visits has increased to 11.61 million in June 2013 from 4.91 million in June 2012, 136 percent YoY growth. The online users visit to spa jewellery segment increased from 1.72 million in June 2012 to 4.03 million in June 2013, a y-o-y increase of 134 percent.

The monthly tracker further indicates 38.76 million people accessed various e-tailing sites. There were 1281.26 million page views in the category. The user reach for job and matrimonial websites is 22.56 million and 20.01 million respectively with 1237.91 million and 611.19 million respective page views. Online travel segment has reach with 21.72 million reach and 11132.50 million page views.

Sourced from all India active internet data, the monthly internet tracker is based on WAM data captured from various relevant sites, and encapsulates online usage for E-tailing, Online Travel and Vertical Classifieds.