Business

‘Just 19% employers in India bullish on hiring

'Just 19% employers in India bullish on hiring

TIL Desk/Business/New Delhi/ Only 19 per cent of employers in the country have bullish hiring plans for the next three months, while 52 per cent expect no change in their payrolls, says a global survey which predict softer employment outlook in many markets for the October-December quarter.

According to the ManpowerGroup Employment Outlook survey released on Tuesday, that covered 5,131 employers across India, a net 19 per cent of employers are anticipating an actual rise in their staffing numbers, while 52 per cent expect no change and 28 per cent are not sure about adding to their existing staff strength.

Despite the modest number, India is the fourth most optimistic nation about hiring plans for the next three months globally. The strongest hiring sentiment was reported in Japan where 26 per cent of employers were bullish about their hiring plans for the October-December quarter, followed by Taiwan (21 per cent) and US (20 per cent) in the second and third positions, respectively.

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