Bhubaneswar among the leaders in white-collar job growth (in percentage terms)
Bhubaneswar- Cuttack- Puri, Khordha March 10th. 2008, 4:12pmFollowing is an excerpt from a report in Hindustan Times.
In percentage terms, Tier 2 cities like Hyderabad, Pune and Bhubaneswar are creating more white-collar jobs than the old employment hubs of Delhi, Mumbai and Bangalore, says a new survey. In percentage terms in fact, for every job Delhi has created this year, Hyderabad has created nearly two.
The cyber city has seen the fastest growth among all cities: from 46,605 new jobs in 2006-07, it is projected to jump to 60,427 new jobs in 2007-08, a rise of 30 per cent. (The projection is based on actual figures till December 2007). Pune comes second, projected to create 28 per cent more new jobs in 2007-08 as compared to 2006-07. Bhubaneswar sees a growth of 22.1 per cent, though its base is smaller than both Hyderabad and Pune.
By contrast, in Delhi, new jobs are projected to grow by 17.4 per cent. It does better than Mumbai, however, which is projected to reach only 11.4 per cent growth. Chennai, at 9.5 per cent, fares even worse.