February 24, 2006
A TALE OF TWO AXES:
India's Hottest Jobs (Forbes.com, 02.23.06)
Much of the industrialized world frets about a looming talent shortage, but Indian bosses aren’t finding it difficult to fill job vacancies at all.Posted by Orrin Judd at February 24, 2006 1:23 PMWorldwide, two out of five employers are having difficulty filing positions, according to a 23-country survey released by employment services firm Manpower this week. In India, only one in seven bosses reports such problems.
In China, however, one in four employers reports difficulty in finding staff, with production operators in shortest supply--in contrast to India, where sales reps are the labor market’s hot commodity.
Regardless of the ease of finding staff in India, employment prospects remain strong in the economy, Manpower found in a separate survey, its quarterly employment outlook. Its most recent showed Indian employers continuing to report the most optimistic hiring expectations in the Asia-Pacific region, including China.
That reflects their overall optimism about the economy. A survey by management consultants McKinsey & Co. found Indian executives far more cheerful about the future than their Chinese counterparts, by 18 percentage points.
Chinese executives are, if anything, getting glummer. Their view of conditions in their own industries fell by 9 percentage points from when the same survey was taken six months earlier, and overall they had switched from being “fairly hopeful” to “neutral,” by McKinsey’s characterization.
McKinsey has also found a difference in the hiring plans of Indian and Chinese companies. India’s see a steady expansion of new jobs, whereas Chinese executives who plan to increase their workforce expect to add jobs in greater abundance than executives in other countries.
I expected better from Forbes:
Regardless of the ease of finding staff in India, employment prospects remain strong in the economySo the correlation between "I can't find anyone to hire" and general employment prospects is surprising to the author? Posted by: Annoying Old Guy at February 24, 2006 1:48 PM
Did I just read the chicoms are having problems in mfg?
This is good, very good.
Posted by: Sandy P at February 24, 2006 10:09 PM