India Leads Global Job Market Outlook for 2025
India is on track to lead the global job market in the first quarter of 2025, according to a recent report by ManpowerGroup. With a 15-point lead over the global average, India is showing strong signs of growth in the job market.
One of the key drivers of this growth is the information technology (IT) sector, which has shown a 50% increase in hiring outlook. This sector is benefitting from investments in artificial intelligence (AI) and public funding, creating more job opportunities for professionals in the field.
While the North of India has seen a slight decline in hiring outlook, the East and South regions are experiencing an upward trend, showing increases of 11 and 3 percentage points, respectively. This regional diversity reflects the varying hiring intentions across different parts of the country.
Apart from the IT sector, other industries are also experiencing shifts in hiring trends. The financials and real estate sector has seen a 3 percentage point decline in hiring outlook, while the consumer goods and services sector has dropped by 2 percentage points.
Overall, the survey indicates that 53% of employers in India plan to increase their staffing levels in the upcoming quarter. This positive outlook positions India as a hub of job growth, with the IT sector leading the way in driving employment opportunities amidst changing economic conditions.
For more information on this report, you can read it here.