India Tops Global Hiring Sentiments: 37% Employers Set to Expand Staff by March 2024

Brief by Shorts91 Newsdesk / 02:55pm on 13 Dec 2023,Wednesday India

According to the latest ManpowerGroup Employment Outlook Survey, India leads in global hiring optimism with a Net Employment Outlook (NEO) of 37%, surpassing 41 nations. Strong domestic demand fuels this surge, projecting a robust job market for January-March 2024. The Financial and Real Estate industry exhibits the brightest outlook (45%), followed by IT and Consumer Goods. However, a talent shortage persists, with 81% of Indian employers facing challenges in finding skilled talent. To address this, companies are embracing work flexibility, raising wages, and seeking talent with expertise in IT, Sales, Engineering, Operations, and HR.

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