A sector—wise analysis shows that the most optimistic hiring plans are reported by employers in the services sector and the mining and construction sector, where net employment outlooks stood at 49 percent and 47 percent, respectively, said the survey that covered 5,287 employers across India.
From a regional perspective, employers in the Southern and Western regions anticipate the most opportunities for job seekers in the months ahead, reporting net employment outlooks of 54 per cent and 49 percent, respectively.
Highlighting the talent shortage that the country is facing, Rao said “a pronounced skills gap persists throughout India’s labour market and the government is also focusing on skill development as a core factor while reviving the job market in India, development of vocational skills will be the key agenda.”
From a global perspective, hiring plans are mostly positive, with employers in 36 of the 42 countries and territories expecting to add to their workforce in the October-December period.
Across Asia Pacific, payrolls are expected to increase in the next three months. Indian employers reported the strongest hiring plans while the weakest Asia Pacific forecast was reported in mainland China.
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