Employment Outlook: Indian Employers Lead Global Hiring Sentiments
Q4 Employment Outlook Highlights
According to the ManpowerGroup Employment Outlook Survey for Q4 2024, Indian employers report a Net Employment Outlook of 37 percent, the strongest worldwide. This is a notable increase of 7 percent from the previous quarter.
Sector-wise Hiring Intentions
- Financial and Real Estate: 47 percent
- Information Technology: 46 percent
- Industrials and Materials: 36 percent
- Consumer Goods and Services: 35 percent
- Communication Services: 28 percent
Employers across all sectors have reported net positive hiring intentions, reflecting a comprehensive growth narrative within the nation's job market.
Regional Insights
- Northern India: 41 percent Outlook
- Western India: 39 percent Outlook
With increased skill development and strong domestic consumption, India is positioned to continue its trajectory of economic growth and reduced unemployment.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.