India @ no 4 in hiring.
Source: TIMES NEWS NETWORK
India has one of the strongest hiring sentiments for the last quarter of 2019. A study by Manpower Group put India at No. 4, after Japan, Taiwan and the US. Japan had 26% of those surveyed being bullish on hiring, followed by Taiwan at 21%, the US at 20% and India at 19%. Chinese employers (4%) expect a cautious hiring climate in the coming quarter, reporting their weakest outlook in two years.
According to the survey of 5,131 employers across India, 20% of employers anticipate an increase in payrolls, 0% forecast a decrease and 52% expect no change. Sectors that are hot in the job scene are public administration, education, retail and services sector, with mid-caps positioned stronger than large-caps and small-caps.
Manpower said the government’s new measures to improve the MSME sector will aid growth. “The central government plans to disburse $1 billion to states for introducing skill development initiatives and higher education segment is expected to surge to $35 billion by 2025. So we expect opportunities to remain favourable for candidates with the right skills and flexibility,” said a senior spokesperson with Manpower.