Employers in South most optimistic about job creations
DH News Service
Employers in all the four regions in India anticipate positive hiring intentions across industry sectors during the Third Quarter of 2007, the Manpower Employment Outlook Survey says.
Employers in the four Southern States — Karnataka, Tamil Nadu, Andhra Pradesh and Kerala — are the most optimistic about job creations in services sectors like finance, insurance, real estate and retail during the Third Quarter of the current year.
On the whole job market in India is expected to remain vibrant in the third quarter of 2007 with services sector providing the maximum job opportunities, the latest survey on employment outlook conducted by Manpower, a global leader in the employment services industry, reveals.
Employers in all the four regions in India anticipate positive hiring intentions across industry sectors during the Third Quarter of 2007, the Manpower Employment Outlook Survey says.
Employers in the South are the most optimistic with a Net Employment Outlook of 44 per cent, which is an improvement of 13 percentage points over the previous quarter.
Hiring intentions are weakest in the North, where the Net Employment Outlook is 33 per cent, 2 percentage points weaker when compared to the previous quarter.
Employers in the East expect robust hiring activity in this quarter, with an improvement of 11 percentage points over the previous quarter. Employers in the West report a Net Employment Outlook of 41 per cent, an improvement of 12 percentage points as compared to the previous quarter.
From global point of view the hiring intentions continue to be robust in India with an overall Net Employment Outlook of 39 per cent. This represents an increase of 8 percentage points quarter-over-quarter and a 4 percentage point decrease year-over-year.
APAC region
Employers in main eight countries across the Asia Pacific region anticipate positive hiring activity for the third quarter. However, only Indian employers are anticipating a third quarter Outlook stronger than the previous quarter.
Employers in the Services sector report the most optimistic outlook 46 per cent with the Public Administration and Education employers indicating weak hiring intentions with Net Employment Outlook of 27 per cent.
Hiring intentions in the Finance, Insurance and Real Estate industry are considerably stronger quarter-over-quarter with an increase of 13 percentage points in the Net Employment Outlook. Results in five out of the seven industry sectors have improved quarter-on-quarter.