'Hiring to get weaker in India from Apr-June'
Mumbai, Mar 10: Hiring in India will be weak in the next three months of 2009 as employers are hesitant of hiring new employees, despite India emerging as an optimistic nation for global hiring, says global staffing services firm Manpower.
Only 25 per cent of employees have plans of hiring for April-June 2009, says the Manpower Employment Outlook Survey of hiring trends released on Tuesday, Mar 10.
For the Jan-Mar period of 2009, India reported the worst-ever net employment outlook of 19 per cent.
"Overall there is a big size wait-and-watch syndrome among employers in India as 64 per cent of the employers remain undecided about hiring intent for the next quarter," Manpower India Managing Director Naresh Malhan said.
Based on a survey of 3,600 employers across seven industries, the forecast says that the employment outlook is better than last quarter when outlook was the weakest ever.
OneIndia News