ManpowerGroup Employment Outlook Survey: Employers Forecast A Steady Second-quarter Hiring Trend

New Delhi: According to the ManpowerGroup Employment Outlook Survey released today by ManpowerGroup, the survey of 5,153 employers across India indicates steady hiring plans for the upcoming three months. Sectors which will lead the job market are likely to be the Mining & Construction, Wholesale & Retail Trade and Services sectors. Small-sized companies with employee strength (10 – 49) will be hiring more than others. Also, hiring will see a rise in the East and Northregions.

Mr. Sandeep Gulati, Group Managing Director of ManpowerGroup India said, “Corporate India is all up with its expectations and hopes for 2020. Progress of technology along with more macroeconomic stability and entrepreneur friendly schemes is certainly going to pamper the hiring sentiments. “While it is too early to predict the potential impact of Covid-19 on global hiring, the reality today is that unemployment remains low in many markets and organizations globally are still struggling to find people with the right skills.

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Corporate India’s hiring intention is steady as employers open up to innovative and flexible ways of working, collaborate with the education bodies to ensure a skilled labour pool in the upcoming years. Currently there is a dearth of talent and companies are ready to pay premium wages for the right talent with the appropriate skills. Employers are also upbeat about upskilling their existing talent strength. Competency mapping, workforce planning, learning, succession and development are some of the favorite topics of discussion nowadays.

Source: India Education Diary

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