Naukri had launched a new research centric monthly update on the hiring activity in India early last year called Jobspeak. It did get them coverage in the media and it seems Monster is set to follow the trend soon with their own employment index.
To be fair to Monster they already have such a service running in US and European markets and this is just a geographical extension for them rather than a case of following Naukri’s footsteps.
Monster also plans to launch a global job index which will showcase the hot sectors and cities across the world for hiring. Besides for this its also looking at mobiles and how it can be used to connect rural india job seekers to jobs. It had earlier tied up with ITC to service the same sector.
Reportedly Monster is in conversation with both mobile handset manufacturers and major telecom players for launching a pan-India scale mobile alert service for jobs which will work even withoutwithout GPRS connectivity.
The monthly job index gives interesting insights into the job markets in India and last one by Naukri can be downloaded here.

