India has retained its second position globally in terms of hiring outlook of companies, but the pace of job additions will slow over the next three months, global staffing firm ManpowerGroup said on Tuesday.
Those looking for a job are in for better times. Online hiring activity in India recorded a 26 percent growth in May against the same month a year ago, signaling positive business sentiment among corporates, said a survey.
Its raining jobs this festive season as the October-December quarter is likely to create as many as 4.5 lakh vacancies thanks to a significant uptrend in demand from sectors such as e-commerce, hospitality and retail, experts say.
After almost two years, the Indian job market is showing signs of improvement as more than half of the companies surveyed said they are currently on a hiring mode, according to search and selection specialist Antal International.