CAREERS
India’s Hiring Momentum Eases for July–September but Continues to Outperform Major Economies
MyDigiFolio Editors
1 min read
Hiring expectations in India have moderated for the July–September period as companies respond to global uncertainties. Even with the slowdown, the country’s employment outlook continues to remain resilient and above last year’s levels.
India’s job market is expected to grow at a slower pace during the July–September quarter compared with the previous quarter, as businesses adopt a more cautious approach amid ongoing geopolitical concerns.
Findings from the latest ManpowerGroup Employment Outlook Survey show that India’s net employment outlook for the upcoming quarter is 48%. This marks a notable decline from the 68% outlook reported for April–June.
Despite the quarter-on-quarter drop, hiring sentiment remains stronger than a year ago. The latest outlook is six percentage points higher than the level recorded during the same period last year.
The net employment outlook measures the gap between employers planning to increase their workforce and those expecting to reduce staff numbers.
More in Careers
MarketWatch · 1 day ago
U.S. Jobless Claims Reach Multi-Month High, While Layoff Trends Remain Stable
Weekly jobless claims moved higher in early June, reaching a level not seen since February. However, economists point to seasonal factors su...
Reuters · 1 day ago
Opendoor to Close India Operations, Cut 250 Jobs as AI Adoption Grows
Opendoor plans to close its India operations and eliminate all 250 local roles. The company says improved system integration and greater use...
Reuters · 2 days ago
UK Summer Hiring Drops Sharply as Employers Cut Entry-Level Openings
Young job seekers in the UK are facing fewer seasonal employment opportunities as businesses reduce junior hiring. Summer vacancies have dec...
From MyDigiFolio
Reading about careers? Build yours.
One profile. Resume, vCard, portfolio, and email signatures — all generated in 3 minutes.
Build your page — free