The outlook is the strongest reported since the first quarter of 2009, improving over the quarter by 3 percentage points. In the Asia Pacific region, the most optimistic hiring activity is expected in Taiwan, while those in China and Singapore report the weakest.
While employers in all sectors, regions and organisation sizes have reported a positive Outlook, employer confidence declines in a number of key sectors.
This raises the net employment outlook to +11%. They report a +30% seasonally adjusted NEO, the strongest for their organization size in the history of the survey in Romania.
Of the almost 59,000 employers surveyed across 43 countries and territories confidence levels have strengthened year-on-year in 25 countries and territories.
Daily wage workers wait for employment on a street side at an industrial area in Mumbai
Indian economy expanded 6.3 percent in the July-September quarter, bouncing back from a three-year low where the economic growth rate stood at 5.7 percent in the previous quarter, suggesting the economy is back on track.
Globally, ManpowerGroup interviewed almost 59,000 employers across 43 countries and territories and noted that companies in Australia, Japan, Norway, Poland, Romania and the United States reported their strongest hiring plans in five years or more.
"The first quarter of 2018 is looking bright for jobseekers with employment Outlooks improving in many markets", Jonas Prising, ManpowerGroup Chairman & CEO, said.
Manufacturers were not far behind with 30 percent planning to take on new staff in the first quarter, a two percent increase from the previous quarter's 28 percent, and a major increase from the 23 seen during the same period a year ago.
Reporting a net employment outlook of +22%, employers in the services sector anticipate solid workforce gains during the first quarter of 2018. Net employment outlook for the employers in the services sector is projected to rise 27 percent, employers in finance sees increase of 15 percent, insurance 19 percent and manufacturing 20 percent. The margin of error for all national, regional and global data is not greater than +/- 3.9%.
Congress can't win Gujarat polls using Pakistan as pawn
Manmohan Singh and some other eminent Indians, all known for their patriotism and unadulterated devotion to the nation, of colluding with Pakistan to influence the outcome of the Gujarat elections .
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