India Slips To Second Place On Hiring Outlook

BENGALURU: India has slipped to the second place, after Taiwan, in terms of the companies’ employment outlook for the next quarter, even as hiring intentions remain bullish on the back of robust business sentiments.

As per the latest quarterly Employment Outlook Survey of global giant ManpowerGroup released today, Taiwan has topped the charts in terms of hiring plans for the April-June 2015 quarter, followed by India and Japan.

Prior to this, Indian companies had topped the chart in terms of their hiring intentions for the four consecutive quarters.

The latest survey, which included over 5,000 employers across India, indicated that Indian employers remain bullish with their hiring plans, while companies in 40 out of 42 countries have shown positive hiring outlook.

The two countries where hiring outlook emerged as negative are Italy and Brazil.

The employer confidence in India was fuelled mainly by changes in business sentiment, early signs of revival of the economy and a boom in new-age sectors like e-commerce.

The net employment outlook for India stood at 38 per cent, indicating that job seekers may benefit from a robust hiring pace in the months ahead.
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Source: PTI