Employment outlook takes a beating as hiring sentiment dips

The employment outlook for Bangalore for the October-December quarter has seen a downward movement. It has dipped by 9 points and stands at 79 points. This was in contrast to the employment outlook for the July-September quarter when everything seemed to be looking up. The economic woes dogging the western economies seems to have had their impact on many of the firms.The discreet signs that a few sectors like the IT and ITeS exhibited last quarter have proved to be contagious this coming quarter. IT has pressed the panic button with a 7-point drop in the employment sentiment and an 8-point drop in business sentiment.

Read more http://business-standard.com/india/news/employment-outlook-takesbeating-as-hiring-sentiment-dips/453081/

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