Employers in India, world's second fastest growing economy, are leading the Asia-Pacific job market to meet their ever growing requirement for best possible talent globally in the fast growing services sector, reveals a survey by an international HR consultancy firm.
India is leading the employment growth in Asia Pacific followed by Singapore, Australia, New Zealand and Hong Kong, the fourth-quarter hiring outlook survey by US-based consultant Manpower said on Tuesday.
The survey included employers across seven sectors -- finance, real estate, manufacturing, public administration, services, transportation and retail trade. Of the seven sectors, only employers in the manufacturing sector reported a decline in hiring activity.
As per the survey, conducted for the 10th consecutive quarter, employers across the seven industry sectors in India
reported positive hiring intentions. The greatest improvement was reported in transportation sector where the outlook improved by 17 per cent. Employers in all the other sectors reported relatively stable hiring plans.