India outshines global peers in hiring trends, IT takes the lead
Financial Express Kochi|December 11, 2024
• 53% employers plan to expand their workforce
BISWAJIBAN SHARMA

HIRING SENTIMENT IN India for the January-March 2025 quarter has risen by three percentage points compared to both the previous quarter and the same period last year, placing the country 15 points above the global average of 25% and ahead of the United States and Costa Rica, according to the latest ManpowerGroup Employment Outlook Survey.

Of the 3,150 Indian employers surveyed, 53% plan to expand their workforce, while 13% expect a decline in hiring or have no plans to backfill. The IT sector has regained its position as the strongest hiring driver with a net employment outlook (NEO) of 50%, followed by Financials & Real Estate (44%), Consumer Goods & Services (40%), Energy & Utilities (38%), and Healthcare & Life Sciences (38%) also rank among the top sectors.

This story is from the December 11, 2024 edition of Financial Express Kochi.

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This story is from the December 11, 2024 edition of Financial Express Kochi.

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