Milwaukee, Sep 8: According to the global Manpower Employment Outlook Survey released on Tuesday, Sep 8, says that hiring plans are strongest in the emerging markets of India.
The survey report said that the fourth quarter of 2009 will continue to challenge job seekers in labour markets around the world. But employer hiring expectations have improved somewhat from three months ago in nearly two thirds of the countries surveyed.
Employment prospects are strongest in India, China and Australia with the weakest and only negative outlooks reported in Japan and New Zealand.
"Indian employers have absorbed the layoffs conducted in the third quarter and are telling us they will begin hiring again at a conservative pace, but most intend to keep their workforces intact through the end of the year," said Jeffrey A Joerres, Chairman and CEO of Manpower Inc.
He said, "Government stimulus efforts around infrastructure projects are contributing to accelerated hiring plans in India's Mining and Construction sector."
"Job seekers will still have limited opportunities as our data shows the world's labour markets will not experience recovery in the fourth quarter," he said
The good news is that many markets appear to be heading in the right direction with results from 20 countries and territories showing positive movement from three months ago," he added.