look news india
Employment Outlook in India: India is expected to witness the strongest hiring sentiment in the world over the next three months. The survey shows India's net employment outlook continues to rise. The net employment outlook is calculated based on the percentage of companies hiring, the number of employers planning to reduce the number of employees has declined.
According to a survey conducted among about 3150 employers, India's net employment outlook has increased to 37 percent, the highest in the world. Costa Rica is third with 36 percent, and the United States has a net employment outlook of 34 percent. This survey was conducted in the October-December quarter. In which India's employment outlook has increased compared to the September quarter.
Increase in recruitment since third quarter
According to the report, employment estimates for the fourth quarter of 2024 increased by 7 percent compared to the third quarter and remained stable compared to last year. According to ManpowerGroup, employer sentiment indicates positive economic conditions in India, thanks to exports and infrastructure development. According to the survey, hiring growth is being seen in all sectors. But the strongest outlook is for the financial and real estate sector, where the hiring outlook is 47 percent. It is followed by IT at 46 percent, industry and materials at 36 percent and consumer goods and services at 35 percent.
Employment opportunities increased in North India
Job demand is highest in North India. While employment may grow by around 41 per cent, western India is estimated to grow by 39 per cent. India will focus on its high domestic consumption, government schemes, rising demand for outsourcing services and a boom in manufacturing.
Employment also increased in Singapore and China
If we talk about the Asia-Pacific region, the recruitment of managers is estimated to be 27 percent, which is 4 percent more than the previous quarter. But it has decreased compared to last year. India, Singapore and China are reporting the strongest employment scenario in the region. The survey was conducted in July and information about fourth quarter recruitment was sought from 40,340 employers in 42 countries.