A survey conducted by ManpowerGroup across 5,131 employers in India indicates optimistic hiring plans for the upcoming three months.
As per the study, sectors expected to lead job market growth include public administration and education, wholesale and retail trade and services sectors.
All these sectors would open up job opportunities in the coming quarters, said the study. Enterprises in the public administration and education reported strongest hiring intentions with a net employment outlook of plus 27%, wholesale and retail trade of plus 25% and services sector of plus 22%, mining and construction of plus 16% and transportation and utilities of plus 13%, as per the study.
“Lack of desired skill sets is what makes it difficult for Indian employers to fill job positions. Corporate India’s hiring intention is better as employers collaborate with the education bodies to ensure a skilled labour pool in the coming years,” said ManpowerGroup in a release.
This India survey was part of a global study conducted among 59,000 employers across 44 geographies.
“Compared with the previous quarter, employers in 15 out of 44 countries and territories reported stronger hiring prospects, while employers in 23 countries reported weaker hiring plans that also include six who anticipate “no change.”
The strongest hiring sentiment was reported in Japan (+26%), Taiwan (+21%), U.S. (+20%), India (+19%) and Greece (+18%), while the weakest hiring activity was expected in Spain (0%), the Czech Republic (+2%), Argentina (+3%), Costa Rica (+3%), and Switzerland (+3%). Chinese employers (+4%) expected a cautious hiring climate in the coming quarter, reporting their weakest Outlook in two years.
