India Among Top Four Countries With Positive Hiring Outlook, Shows Survey

Mining and construction employers report the strongest hiring intentions with a net employment outlook of 12%.

India features among the top four countries in the world projecting a positive hiring trend for the three months of the July-September 2020 period.  In a survey conducted by Manpower Group across 44 countries, employers forecast a bleak hiring trend for the three months of July-September 2020, with net employment outlook of 5%, which is the weakest in 15 years, but the second most positive hiring outlook across 44 countries. The other three countries projecting a positive hiring trend are Japan, China and Taiwan.

A survey of 695 employers across India showed that sectors which will lead the job market are likely to be the mining & construction, finance, insurance and real estate sectors. The strongest hiring pace will be recorded in the medium-sized organisations followed by the large sized and small-sized organisations. From a region perspective, the North and South regions indicate a more positive outlook compared to the West and East.

Mining and construction employers report the strongest hiring intentions with a net employment outlook of 12%. Respectable payroll gains are also forecast in the two sectors with outlooks of 9% in the finance, insurance and real estate sector and 6% in the public administration and education sector, the transportation and utilities sector and the wholesale and retail trade sector.

Source: Financial Express

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