Job market in India to improve this year: Kelly Services

BANGALORE: Jobs in India will bebackby theendof this year as most global enterprises are likely to resume their expansion activities , after having put them on hold for over a couple of years now , saidPamela Berklich , senior vicepresident , Kelly Services , a global recruitment process outsourcing services firm .
“India , China and Latin America are high-growth geographies and therefore no global corporate can afford to put their expansion and hiring activities in these geographies on the back burner . Jobs will be back across domains of IT, e-commerce , healthcare , pharma , retail and telecom ,” she said .
Berklich was speaking on the basis of impressions she had gathered from interactions with large global corporates across industries . She noted that there was also a huge shortage of skilled workforce and tech talent in developed markets .
Globally , IT sector hiring for highly skilled workforce has not come down . Advanced technologies like social , cloud, mobile , big data and analytics are creating huge employment opportunities in India . Telecom , which had seen a big slowdown for a few years , is expected to generate jobs by the end of this year . Almost all global pharma companies are said to be talking about expanding their R&D capabilities .
“Even without any of these arguments , look at the way your country is growing , in the 5% to 6% range . How many other geographies are expanding at this rate ! Most advanced economies are growing at very low single digit rates .The restof theworld isclosely reading thesebig fat growth stories of India , China and LatA m, and they truly want to have a share in it,” Berklich said .
Early this year , Career-Builder , one of the largest online employment websites, surveyed the hiring outlook for 2013 in the ten largest world economies and found that India and Brazil were the most confident , with more than two-thirds of employers in these markets planning to add full-time , permanent headcount . Hiring activity in the BRIC countries (Brazil , Russia , India and China ) was projected to be significantly higher than in other markets .
Workforce solutions company Manpower’s employmentoutlooksurvey for India for April-June has been less gung-ho , saying that Indian employers were cautiously optimistic about their hiring plans for the next three months , and job seekers would have to be prepared for a more rigorous selection process .
But it noted that in spite of the market downturn and the uncertainty around theeconomic and politicalenvironment , employer hiring intentions remained positive in all seven sectors surveyed .