Hiring in India: 37% employers planning to increase staff strength by 2024 March
Live MintIndia has one of the strongest hiring sentiments in the world over the next three months, with 37 percent of businesses planning to increase their staff levels in response to strong domestic demand, a report has stated. As per the survey, India and the Netherlands reported strongest net employment outlooks at 37 percent, followed by Costa Rica and the US at 35 percent in second place, and Mexico at the third position with 34 percent of the net employment outlook. In terms of region, the western region of India dominated the job demand with an outlook of 39 percent followed by the north while the weakest hiring intentions were reported in the eastern region. Employers reported difficulty filling open roles, with the biggest impacts being felt in Japan as 85 percent employers reported difficulty finding skilled talent, followed by Germany, Greece and Israel. In India, 81 percent of employers reported difficulty finding skilled talent, increasing by 1 percent from 2023's survey, with Transport, Logistics and Automotive being the most affected, followed by the Information Technology sector.