India Most Optimistic On Hiring Plans For Dec Quarter: Report

NEW DELHI: Indian employers have strongest hiring plans when compared to their global peers for the October—December quarter of this year on hopes of a speedy economic revival, says a ManpowerGroup report.
According to the Manpower Employment Outlook Survey released today, Indian employers anticipate a “vigorous” hiring pace for the next three months with as many as 46 per cent employers planning to increase their staff strength.
Globally, fourth quarter hiring confidence is strongest in India, Taiwan and New Zealand, while the weakest forecasts are in Spain, Italy, Ireland, the Czech Republic and Finland.
“India’s employers expect the optimism of a stable government to have an encouraging impact on the job market.
Employers are back in hiring mode and we’re seeing evidence of their renewed optimism across all industry sectors and all regions,” ManpowerGroup India Group Managing Director A G Rao said.
Various initiatives on reinforcing business efforts which the government is undertaking — such as stabilising the rupee, granting permission for new projects and encouraging the use of automation and technology in the government sector — are expected to boost the job market, the report said.
“Amidst speculations and apprehensions, job-seekers are hoping for burgeoning employment opportunities across sectors,” Rao said.
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Source: PTI