Survey says hiring to go up for October-December quarter in IndiaSeptember 10, 2014
There is good news for job seekers. According to a recent survey, it has been revealed that Indian employers have strongest hiring plans compared to their global peers for the October-December quarter of this year.
According to PTI, the Manpower Employment Outlook Survey says Indian employers anticipate a "vigorous" hiring pace for the next three months with as many as 46 per cent employers planning to increase their staff strength.
Globally, the fourth quarter hiring confidence is strongest in India, Taiwan and New Zealand, while the weakest forecasts are in Spain, Italy, Ireland, the Czech Republic and Finland.
"India's employers expect the optimism of a stable government to have an encouraging impact on the job market. Employers are back in hiring mode and we're seeing evidence of their renewed optimism across all industry sectors and all regions," Manpower Group India Group Managing Director A.G. Rao said.
Various initiatives on reinforcing business efforts which the government is undertaking - such as stabilizing the rupee, granting permission for new projects and encouraging the use of automation and technology in the government sector - are expected to boost the job market, the report said. "Amidst speculations and apprehensions, job-seekers are hoping for burgeoning employment opportunities across sectors," Rao said.
A sector-wise analysis shows that the most optimistic hiring plans are reported by employers in the services and mining and construction sectors, where net employment outlooks stood at 49 per cent and 47 per cent respectively, said the survey that covered 5,287 employers across India.
From a regional perspective, employers in the southern and western regions anticipate the most opportunities for job seekers in the months ahead, reporting net employment outlooks of 54 per cent and 49 per cent respectively.