Indian Employers See Better Hiring Intent For First Quarter Of 2021: Survey

Corporate India is showing “healthy signs of recovery” and plans to hire more people in the first three months of 2021 compared to the quarter ending December, a survey said on Tuesday.

According to the ManpowerGroup Employment Outlook Survey that covered 1,518 employers across the country, the employment trends in the first quarter of 2021 is expected to be on the rise with a Net Employment Outlook of 5 per cent.

The outlook has registered an increase of two percentage points for the first three months of 2021 compared to the December quarter.

The sectors expected to drive the job market in the 2021 first quarter include finance, insurance and real estate, and mining & construction sector. All other sectors indicate negative growth in this quarter, the survey said.

Source: Business Standard

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