Tuesday, June 8, 2010

Hiring prospect look strong in India: Manpower

Indian students look at a text message from a mobile phone in  Kolkata, August 23, 2005. Employers in most economies are more likely to  add workers than three months ago, including those in the United  States, according to a quarterly survey by Manpower Inc. REUTERS/Jayanta  Shaw/Files
According to the Manpower Employment Outlook Survey, job seekers in India are likely to benefit from a active labour market as India’s employers expect to hire at a pace seen prior to the global recession. With a net employment outlook of +42%, Indian employers report the most optimistic forecast among all 36 countries and territories participating in the Manpower survey.

India’s Outlook improves by 2 percentage points quarter-over-quarter, and improves by 19 percentage points when compared to Q3 2009. Job seekers in the Mining & Construction sector (+46%) and the Manufacturing Sector (+44%) can look forward to the most favourable hiring environment in the next three months of the year. Meanwhile, the weakest – but still strong – hiring pace is reported by Transportation & Utilities (+24%) sector employers.

“The job market has recovered sharply from the weaker forecasts of early 2009. We are witnessing a notable exuberance in hiring sentiments across all industry sectors, cities and functional areas.” said Sanjay Pandit, Managing Director of Manpower India.

Source http://www.moneycontrol.com/news/business/hiring-prospect-look-strongindia-manpower_462781.html

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