With India’s job market undergoing a transition, only 13 pc of employers indicate upbeat hiring plans for the next three months, while 61 per cent anticipate no change in their payrolls, a survey said.
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New Delhi:
Hiring intentions marginally declined by four percentage points when compared with the year ago period (July-September quarter of 2018). “According to ManpowerGroup’s survey, India’s job market, overall, looks consistent, although it is still going through the transition with a slight slowdown in employment,” ManpowerGroup India Associate Director Marketing Cynthia Gokhale said.
Sector-wise, the services sector is expected to drive the third quarter job markets with a net employment outlook of 16 per cent, followed by the mining and construction, wholesale and retail trade and manufacturing sectors with outlooks of 11 per cent. Gokhale further said that some of the major trends that will drive recruitment in 2019 in India, are diversity, automated recruitment, virtual reality, and remote working options among others.
According to the ManpowerGroup Employment Outlook Survey, while 13 per cent of employers expect to increase payrolls, none forecast a decrease, 61 per cent anticipate no change and 26 per cent were unsure about any change in payrolls, resulting in a net employment outlook of 13 per cent.
Hiring intentions marginally declined by four percentage points when compared with the year ago period (July-September quarter of 2018). “According to ManpowerGroup’s survey, India’s job market, overall, looks consistent, although it is still going through the transition with a slight slowdown in employment,” ManpowerGroup India Associate Director Marketing Cynthia Gokhale said.
Sector-wise, the services sector is expected to drive the third quarter job markets with a net employment outlook of 16 per cent, followed by the mining and construction, wholesale and retail trade and manufacturing sectors with outlooks of 11 per cent. Gokhale further said that some of the major trends that will drive recruitment in 2019 in India, are diversity, automated recruitment, virtual reality, and remote working options among others.