India Reports Positive Hiring Plans For Q1 Of 2014: Survey

Rao added that the hiring pace is also expected to remain brisk in the services sector where IT talent continues to be aggressively recruited by both national and multinational firms.
According to the survey that covered 5,006 employers across India, the most optimistic hiring plans are reported by employers in the mining and construction sector and the wholesale and retail trade sector with robust net employment outlooks of 38 percent.
Compared to the previous quarter, hiring intentions have weakened in all seven industry sectors, however, year-on-year, employers report stronger hiring intentions in six of the seven industry sectors.
Employers in all four regions expect a rise in payrolls during the first quarter of 2014. The net employment outlook in the Western region stood at 36 percent, followed by North (35 percent), South (34 percent) and East (30 percent).
Meanwhile, employers across the globe expect a cautious yet positive approach to hiring for the start of 2014, despite ongoing economic uncertainty and disruptions.
Employers in 34 of 42 countries and territories expect to increase payrolls in the next three months, compared to 29 in the fourth quarter of 2013.
"Employers in many parts of the world anticipate mostly modest payroll gains, which may nevertheless be a sign of some gathering hiring momentum as we head into 2014," Manpower Group Chairman and CEO Jeffrey A Joerres said.
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Source: PTI