Job opportunities will be fewer in Q2 of 2017: Manpower Group report

According to staffing firm Manpower’s Employment Outlook Survey, the net employment outlook (NEO) for AprilJune quarter stands at 18%, a drastic drop from 38% in AprilJune 2016. 19% of employers are expecting to increase staffing levels, 1% anticipating a decrease and 68% forecast no change.

However, despite declining for five consecutive quarters, Indian employers’ hiring intentions are among the most optimistic among all the 43 countries surveyed.

The second-quarter research by the staffing firm reveals that India is still among the four countries — including Taiwan, Japan and Slovenia where the hiring confidence is strongest. The weakest forecasts are reported in Brazil, Italy, Belgium and Switzerland. The weakest forecasts are reported in Brazil, Italy, Belgium and Switzerland.

Thesurveybasedonresponses from 4,389 employers across India reveals that services sector will have the strongest hiring prospects as employers reported a positive NEO of 22%.

The report shows a positive hiring activity is also expected in public administration & education sector, and the wholesale & retail trade sectors with NEO of 21% in both the sectors.

Employers in the manufacturing sector expect steady payroll gains, reporting a positive outlook 16%.

A positive outlook of 15% is reported in both finance, insurance and real estate sector, as well as mining and construction sectors.