October-December hiring intent at 18-month peak in India: Report

The job market in India will see a strong uptick in hiring in the third quarter of fiscal 2022, with India Inc’s intent to hire in October-December set to reach an 18-month peak, says a new report.

According to the Teamlease Employment Outlook Report, shared exclusively with The Economic Times, 41 percent of the surveyed companies intended to hire in the third quarter as compared to 38 percent in the July-September quarter. The survey is based on the responses of 650 small, medium and large companies across 21 sectors. Last year, India Inc’s intent to hire plunged to the lowest level at 18 percent for two consecutive quarters to September.

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