India Inc set to dish out jobs in new year

Notwithstanding the uncertainties in the global markets,hiring plans are bouncing back in the country after a slight decline in the final quarter of 2011 making employers bullish about the pace of hiring in the next quarter

Notwithstanding the uncertainties in the global markets,hiring plans are bouncing back in the country after a slight decline in the final quarter of 2011 making employers bullish about the pace of hiring in the next quarter.

Even as the world fears an economic slowdown,employment market surveys have suggested an improving employment scenario and predicted robust hiring activities for the new year.

Painting a positive picture,the recent Manpower Employment Outlook Survey noted that employers in India are anticipating a vigorous hiring pace in the next quarter. This trend is being led by the information technology,banking and manufacturing companies,especially multinationals and large national corporations,which are planning to hire aggressively in the first quarter of 2012.

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Another report by online job portal Naukri.com has said that hiring activities surged in November across all sectors. The Naukri JobSpeak index for November saw hiring activity move up across all sectors when compared to October.

Recently,Monster.coms monthly Monster Employment Index which gauges online job demand,too,showed a continued positive growth in recruitment activity,led by key industries like telecom,IT,and financial services.

The reports may come as a breather against the backdrop of contraction in industrial output and gloomy growth prospects. FE