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India slips to second place on hiring outlook

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India has slipped to the second place, after Taiwan, in terms of the companies’ employment outlook for the next quarter, even as hiring intentions remain bullish on the back of robust business sentiments.

As per the latest quarterly Employment Outlook Survey of global giant Manpower Group released on Tuesday, Taiwan has topped the charts in terms of hiring plans for the April-June 2015 quarter, followed by India and Japan.

Prior to this, Indian companies had topped the chart in terms of their hiring intentions for the four consecutive quarters.

The latest survey, which included over 5,000 employers across India, indicated that Indian employers remain bullish with their hiring plans, while companies in 40 out of 42 countries have shown positive hiring outlook.

From a regional perspective, employers in the northern and western parts of India anticipate the highest number of opportunities for job seekers in the months ahead, reporting net employment outlook of 51 per cent and 42 per cent, respectively.

“Concrete policies and initiatives by the government, rise of start-up ventures and emergence of India as an investment destination will prove to be the harbingers for growth,” Rao said.

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