New Delhi : The Indian job market is expected to remain vibrant in the third quarter of 2007 as employers across the country are positive about their hiring intentions, says a survey by a leading employment services firm.
The Manpower Employment Outlook Survey conducted by Manpower Inc. said employers in the service industry had the most optimistic outlook and those in public administration and education showed the weakest hiring intentions.
"The continued confidence and global competitiveness of the Indian information technology (IT) sector has fuelled the increased activity in the labour market," said Soumen Basu, executive chairman of Manpower India.
"Moreover, the IT and IT enabled services industry is expected to increase its contribution to the gross domestic product (GDP) this year and this growth will certainly augment hiring activities," Basu added.
Manpower interviewed a representative sample of 4,925 employers in India for the survey and measured their intention to increase or decrease the number of employees in their workforce during the third quarter of 2007.
Hiring intentions in finance, insurance and real estate industries were also strong, the survey showed.