Manpower Employment Outlook Survey India (Q3/2011)

The Manpower Employment Outlook Survey for the third quarter of 2011 was conducted by interviewing a representative sample of 4,555 employers in India. Indian employers report bullish hiring plans for third quarter of 2011, with 49 per cent of employers expecting to increase headcount, 2 per cent predicting a decrease and 31 per cent anticipating no change. The Net Employment Outlook stands at +47 per cent.
After the data is adjusted to allow for seasonal variation, the Outlook stands at +46 per cent. The hiring prospects improved by 5 percentage points on year-over-year basis.
Employers in all four regions anticipate an increase in staffing levels during the third quarter of 2011. In the East, employers report the most optimistic Net Employment Outlook of +49 per cent, while in the North, the Outlook stands at a bullish +48 per cent. Employers in the West and the South report dynamic Outlooks of +45 per cent and +43 per cent, respectively.
Employers in all the seven industry sectors forecast an increase in staffing levels during the third quarter of 2011. The most optimistic hiring intentions are reported in the Wholesale & Retail Trade sector, with a Net Employment Outlook standing at +51 per cent. Services sector employers report bullish hiring plans, with an Outlook of +48 per cent, and dynamic hiring prospects are evident in the Finance, Insurance & Real Estate sector and the Mining & Construction sector, with Outlooks of +47 per cent and +46 per cent, respectively. The Manufacturing sector Outlook stands at +45 per cent.

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