Friday, February 7, 2025

India Tops Global Hiring Outlook for First Quarter of 2025

A recent survey by ManpowerGroup has revealed that India is set to have the strongest hiring outlook globally for the first quarter of 2025.

ManpowerGroup Employment Outlook Survey gathered data from over 3,000 employers across various regions of India.

Global Hiring Outlook 2025: Survey Findings

According to the survey, 53% of employers plan to hire, while 13% anticipate a decrease in their staffing levels, and 31% do not expect any change.

Net Employment Outlook (NEO) for India stood at 40%, a 3 percentage point increase from both previous quarter and year-on-year.

IT industry reported brightest outlook at 50%, followed by financials and real estate at 44%, and consumer goods and services at 40%.

Significant investments in artificial intelligence (AI) and public funding have benefitted IT sector’s employment market, leading to its optimistic outlook.

The strongest outlook among the regions comes from West India at 43%, closely followed by East India at 41%.

Year-on-year, job markets have strengthened in all four regions of the country, reflecting resilience and adaptability amid an uncertain global environment.

The survey also highlighted progress in gender equality, with around 30% of companies reporting that they have already fully achieved gender equality.

This is an improvement compared to 21% a year ago.

Global Comparison and Economic Factors

India’s net employment projection of 40% is the highest globally, with US coming in second at 34% and Mexico at 32%.

The employment forecast for Argentina was worst, at -1%, while global average was 25%.

Sandeep Gulati, Managing Director of ManpowerGroup India and Middle East, noted that larger organizations are driving this momentum.

He added that this signals sustained opportunities for talent across the country.

He also mentioned that investment from multinational corporations (MNCs) looking to reduce their operational costs appears to be benefiting India.

Sandeep further stated that economic growth is likely to pick up with increasing consumer spending as inflation potentially subsides.

Additionally, agricultural output is expected to improve after favorable monsoon conditions.

In this mixed environment, India’s employment expectations are expected to grow slightly.

The survey results reflect the resilience and adaptability of India’s job market, offering sustained opportunities for talent across various sectors.


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Sahiba Sharma
Sahiba Sharmahttps://sightsinplus.com/
Sahiba Sharma, Senior Editor - Content at SightsIn Plus