Corporate India Rides Optimistic Hiring Wave Amid Global Trade Shifts
Corporate India's hiring outlook for the next quarter is robust, with a Net Employment Outlook of 42%, driven by private services growth and global trade dynamics. Despite slight dips, strong hiring intentions in IT, energy, and financial sectors, alongside increased automation investments, reflect employer confidence.
- Country:
- India
Corporate India is poised for a promising hiring phase in the upcoming quarter, encouraged by growth in the private services sector and potential economic gains from changing global trade patterns, according to a recent report.
The ManpowerGroup Employment Outlook Survey highlights a Net Employment Outlook (NEO) of 42 percent, positioning India as a significant player in global hiring. This optimism is fuelled by strong recruitment plans in sectors like Information Technology, Energy & Utilities, and Financial Services.
Despite a minor quarterly dip, the 12-point annual increase in NEO underscores ongoing employer confidence and a transformation drive towards digital skills and automation, with 82 percent of firms expanding their automation investments.
(With inputs from agencies.)
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