Job Opportunities in India in the first quarter of 2012 With fears of economic stagnancy hitting the country every now and then, it would be being over optimistic if surveys suggest that the New Year is anticipated to bring in stability in the recruitment scenario. It is true that as of now, the industrial output is in a declining mode and as per the information penned downed by Confederation of Indian Industry, it can be said that the declining job market can affect the livelihoods and employment across the nation. Further, in October, the industrial output was lowered by 5.1%, chiefly because of the sheer decline in capital goods, manufacturing and mining sectors. This isn’t all, even the government has also lowered its GDP growth rate to 7-7.5 %, which was formerly fixed at 9%, so as to slowdown the economic expansion and prevent the job market from suffering further. But then, Manpower India pointed out that in spite of uncertainties in the job market, things are supposed to take a U-Turn and recruiting plans will possibly bounce back after a minor decline in the last three months of 2011. What Surveys Speak? Of late, Manpower, a worldwide renowned global HR company came up with a job survey report, wherein it has clearly mentioned that Indian employers are most optimistic when it comes to recruiting. More specifically, it had conducted the Manpower Employment Outlook Survey across 41 countries, but then, the most favorable results were generated by India. According to the survey, 6 out of 7 industry domains in India are expected to come up with a positive result within the first quarter of 2012. From the survey conducted by Naukri.com, a similar idea could be derived. According to the Naukri Job Speak index, the recruiting activities will speed up across all the industry domains by the first three months of 2012. Booming Industries in 2012 With the unemployment rate expected to fall below 5% by the first quarter of 2012, there will be room for plenty of jobs in India . According to the reports of PlastIindia Foundation, the plastic industry is expected to enjoy an annual turnover of INR 100,000 crores. On the other hand, the communications sector plans to recruit as many as 10 million people by the same time while the Indian Agrochemicals Industry expects a growth rate of 7.5%.


