Positive forecasts are reported throughout the Asia Pacific region, with
hiring plans growing stronger in three countries quarter-on-quarter – India,
Taiwan and Singapore, according to the Q4 2013 Manpower Employment Outlook
Survey.
Q4 hiring plans in India are the most optimistic across the globe. Job
seekers are likely to benefit from a surge in demand for talent among firms in
IT/ITeS, banking and construction. Employability skills remain a challenge for a
number of Indian hiring managers. Many acknowledge that there is an abundance of
business and engineering graduates, but that too many of them lack the soft
skills that are increasingly necessary as India becomes even more interconnected
to the global marketplace.
Singaporean employers report strong hiring prospects for the October-December
time frame. While 25% of employers expect to increase payrolls, four per cent
anticipate a decrease and 65% forecast no change, resulting in a Net Employment
Outlook of +21%. Outlooks are positive in all seven industry sectors, with
hiring prospects strongest in the Public Admin and Education sector (+36%), and
in Finance, Insurance & Real Estate sector, where the Outlook is +34%.
Source: hrm Asia
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