Hiring appetite positive for Jul-Sep quarter amidst layoffs, global economic slowdown, indicates survey

The survey states that the Indian labour market is indicating positive sentiments for the second quarter of FY24 and businesses in the IT industry continue to report the brightest hiring outlook. As many as 49 per cent of employers report higher intentions for hiring, while 13 per cent do not expect to hire, leading to a seasonally adjusted net employment outlook of 36 per cent, reported PTI, citing the survey.