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Thursday, September 9, 2010

India Inc upbeat on recruitment

The majority of employers in the country anticipate the creation of new jobs in the coming months of this year, according to a survey released on Tuesday.

Painting a robust hiring scenario in the country, a survey by global staffing firm Manpower showed that employers are planning to hire at a robust pace this year.

Manpower's employment outlook survey stated that globally, India is the most optimistic in terms of recruitment intentions for the fourth quarter, after China and Taiwan.

"The job market remains robust in India as a result of strong domestic growth and recovery in key global markets. But employers in other countries are reporting strong hiring forecasts as well," Manpower India managing director Sanjay Pandit said.



India's net employment outlook — an indicator of employers' hiring intentions — stood at 38% on a seasonally-adjusted basis for the next three months. For the third quarter, the outlook stood a little higher at 41%, the Manpower survey stated. "Employers began recruiting at a steady pace in the first half of 2010 and confidence levels were high. The findings indicate sustainable new job opportunities in remainder of the year and job seekers can look forward to a favourable hiring environment," Info Edge senior vice-president, corporate communications Sumeet Singh said



From: The Economic Times

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