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Hiring goes up, employees ebullient

After nearly a year in the doldrums, employment prospects seem to be improving again. A survey carried out by the Labour Minisrty has shown majority of non-exporting units have created additional 35,000 jobs during the period April-June as compared to March 2009.

business Updated: Aug 17, 2009 02:00 IST
HT Correspondent

After nearly a year in the doldrums, employment prospects seem to be improving again.

Indian employees’ confidence in the future of their companies rose significantly in the second quarter of the year, though the rise is less than in Brazil, Russia, and China. These are the findings of Kenexa, a global provider of business solutions for human resources, in its latest survey.

“While most countries improved in the second quarter, we saw especially strong gains in Russia, Germany, France and India,” Kenexa Principal Jeffrey Saltzman said.

The Labour Ministry’s findings too corroborate the results of the Kenexa survey. A survey it carried out has shown majority of non-exporting units have created additional 35,000 jobs during the period April-June as compared to March 2009.

About half of these additional jobs were created in the automobile sector, followed by information technology, and leather sectors.