The third quarter of 2023 carries hints of positive sentiments as far as the job market goes. And this is despite news of layoffs and anticipated global economic slowdown, as the ManpowerGroup Employment Outlook Survey reveals.
Nearly half the employers surveyed expect to increase their staffing levels. However, 13 per cent anticipate a decrease in hiring intent and 34 per cent do not anticipate any change, resulting in a seasonally adjusted Net Employment Outlook of +36 per cent. When compared to the same period last year, the hiring sentiments have declined by 15 per cent. Still, there is a growth of 6 percentage-points when compared to the last quarter. Hiring markets in India rank second after Australia in the APAC (Asia-Pacific) region, and fifth globally.
The ManpowerGroup surveyed employers on their outlook towards green jobs. Here are some of the key findings. Companies in the IT, Technology, Telecom, Communications and Media sector report a hiring...