Pvt firms see job outlook up in Q1: survey | business | Hindustan Times
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Pvt firms see job outlook up in Q1: survey

business Updated: Mar 24, 2013 22:21 IST

More job opportunities are likely to emerge in the next three months as over 60% of domestic employers are predicting an increase in their workforce, a survey has said.

The survey by MyHiringClub.com covered 4,431 employers and a majority (67%) of them have predicted an increase in headcount for the first quarter of fiscal 2013-14.

Quarter-on-quarter, the outlook improved marginally by one percentage point, but year-on-year, the rise is 12 percentage points, the survey said.

“Current hiring sentiment is definitely better than Quarter 1 and Quarter 4 of 2012-13. Job creation in India continues amid talks of lay-offs and employee rationalisation,” said Rajesh Kumar, CEO, MyHiringClub.com.

Seven of the nine sectors surveyed have positive hiring prospects, with employment in the FMCG industry projected to be the most promising.

Region-wise, the most optimistic forecast was for the southern parts of the country, with a 28% net employment outlook for the next three months - though this is 5% lower than a year ago.