Net employment outlook for Q3 expected to be record high: Manpower Group Survey

Author: Nishu June 14, 2022

Net employment outlook for Q3 expected to be record high: Manpower Group Survey


There is positive sentiment across sectors in India in an effort to accelerate recovery, despite rising inflation and geopolitical instability

There is positive sentiment across sectors in India in an effort to accelerate recovery, despite rising inflation and geopolitical instability

ManpowerGroup estimates that India’s labor market is expected to show strong sentiment in the third quarter of calendar 2022.

According to its employment outlook study released on June 14, some 63% of enterprises in the country expect an increase in their employee base, 12% expect a reduction in hiring intent and 24% expect no change reflecting the seasonally adjusted net employment outlook. of +51% which is a record high in eight years.

As per the study, the hiring sentiment has improved by +46 as compared to the corresponding period last year, while there has been an increase of 13 percentage points as compared to the previous quarter.

“Despite rising inflation and geopolitical instability, there is a positive sentiment across sectors in India to accelerate the recovery process and sustain the country’s economic growth,” said Sandeep Gulati, Managing Director, ManpowerGroup India.

The study found that employers in three of the four regions (North, South and West) showed similarly strong momentum with a net employment outlook of +53%, while the outlook for the East was +41%.

IT, telecom, communication and media sectors were expected to have a net hiring outlook of +68% followed by banking, finance, insurance and real estate sectors (60%).

However, enterprises said it was difficult to find talent with soft skills such as creativity, originality, critical thinking, analytical mind, reasoning and problem-solving ability.

14 June, 2022, 2:14 pm

News Cinema on twitter News Cinema on facebook

Tuesday, 14th June 2022

More Stories
Is Shahrukh Khan teaming up with Rishabh Shetty of Gandhara fame, Rakshit Shetty? Here is the truth
Queen ‘wanted Meghan Markle to make a success of role’, Gyles Brandreth tells Palace Confidential
IND-W vs AUS-W T20I Series: ‘I too will not be able to help…’, Harmanpreet Kaur made a big statement before the first T20
Dating an Older Girl Younger: 6 Useful Tips for Lovers
‘Troll of Trondheim’ bears down on Britain: Snow to hit TODAY
Tom Brady opens up on his emotional strength following divorce from ex-wife Gisele Bündchen
Seductive video of Neha Bhasin in glittering silver bangles and white khaki pants is too hot to handle – WATCH
China Eases ‘Zero Covid’ Restrictions in Victory for Protesters
In Soaring Victory Speech, Warnock Declares, ‘Here We Stand Together’
After Herschel Walker’s Defeat, His Son Piles On With Twitter Tirade
Princess Beatrice and her mother Sarah Ferguson attend The Lady Garden Gala
A New York Jury Speaks: Trump’s Company Committed Tax Fraud
5 Georgia Takeaways: Scandals Still Matter, and Trump Faces Blowback
The NFL Playoff Picture Isn’t as Cloudy as Records Make It Seem
Before Beer Became Lager, a Microbe Made a Mysterious Journey
Philly gas station owner hires security guards armed with AR-15s and dressed in kevlar vests
Cop who catfished girl before murdering her family was detained in 2016 for psychiatric evaluation
Democrats Didn’t Just Win Georgia. They secured a firmer grip on the Senate.
Global Partners May End Broad Covid Vaccination Effort in Developing Countries
Schoolgirl raped by teen boy at party in the Blue Mountains accused of fabricating the story
The key statistics about Trump’s endorsement track record this year.
JPMorgan CEO Jamie Dimon says inflation could tip the US economy into a recession next year
Redback spider bite turns into years of hell for Edenhope mum with doctors warning of amputation
Khashoggi killing: US federal court dismisses lawsuit against Saudi Arabian prince Mohammed bin Salman
San Francisco Backtracks on Plan to Allow Police Robots to Use Deadly Force
Ex-Channel Nine star Cameron Williams to sell bush retreat where he allegedly assaulted his wife
Juul Agrees to Settle Thousands of Vaping Lawsuits
Five actresses sue Cosby for ‘drugging, groping and raping them’ as far back as 1969 as well as NBC
Orion Leaves Lunar Sphere of Influence, Heads for Home – Artemis
Candy Baath actress Flora Saini accuses ex-boyfriend of killing her, Shraddha Walker gets solidarity with the case
Hilaria Baldwin joins husband Alec at Robert F. Kennedy Human Rights Ripple of Hope Gala
Father of murdered Idaho student retains lawyer and considers suing inept Idaho police
Meghan Markle wears Princess Diana’s aquamarine ring to New York gala
Taarak Mehta Ka Oolta Shashma’s Tabu Akka Raj Anaadkat Cutes show ‘Time to put speculations to rest…’
Kate Middleton wears brooch showing portrait of late Queen Elizabeth II
US ‘not encouraging’ Ukraine to STRIKE beyond boundary, says state dept spokesperson
Olivia Wilde slips into see-through dress at the People’s Choice Awards.. after Harry Styles split
The Ankylosaur’s Club-Tail Wasn’t Only Swinging at T. Rex
Mayor Eric Adams, Fined For Rats on His Property, Takes on City Hall
Trump’s Company Is Guilty of Tax Fraud, a Blow to the Firm and the Man
Clash Over Vaccine Mandate for Troops Snarls Annual Defense Bill