Looking for a job? Here is the good news

Date:

Job seekers have something to cheer about as companies plan to increase hiring this fiscal year, reversing the trend of the past two years. A survey has revealed a significant increase in the number of employers who expect to hire in the first half of this financial year amid positive sentiment generated by healthy economic growth.

ALSO READ: Hunt for the new Chief Economic Advisor begins

“There has been an increase of four percentage points in the net employment outlook to 95%, compared to 91% for the preceding half-yearly period, October-March 2017-18,” according to the TeamLease Employment Outlook Report for April-September 2018-19, which has been reported by the Economic Times. The last time it hit a 95% mark was in October-March 2016-17.

ALSO READ: One year of GST: The hits and misses

The sectors expected to take a lead in hiring includes retail, business process outsourcing (BPO), IT-enabled services (ITeS), fast-moving construction goods (FMCG), construction and real estate, and media and entertainment.

In the survey – conducted by the human resource services company among 695 small, medium and large companies across 16 sectors – 96% companies responded positively (saying hiring would increase from the previous half-year) while 1% responded negatively (saying hiring would decrease from the previous half-year) and 3% said there would not be any change in the volume of hiring from the previous half-year, the newspaper said.

Click here for Latest News updates and viral videos on our AI-powered smart news genie

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

After Delhi, Three Schools In Ahmedabad Recieve Bomb Threat Email

The police said that they have started an investigation into the matter. Further details are awaited. Meanwhile, DCP Control Ahmedabad City said that there is no need to panic

ED Raids In Ranchi Uncover ‘Mountain’ of Unaccounted Cash

Ranchi: The Enforcement Directorate (ED) launched a series of...

Texas Floods: Boy Found Dead After Being Swept Away By Flood Waters

The boy has been identified as Lucas N. Warren by the authorities. As per the death records, he was just weeks away from his 5th birthday

Sunita Williams Set To Fly In Space For The Third Time  

The 58-year-old, who was born into a family consisting of Dr Deepak and Bonnie Pandya, will make history as the first female pilot of a newly designed human-rated spacecraft