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Survey: Hiring expectations improved in emerging markets

Written by: Daryl James

Article Overview: The global job market may not have returned to its pre-recessionary levels, but prospective workers in many countries should see improved opportunities for new positions in the coming months, according to a new report.

Survey: Hiring expectations improved in emerging markets

The global job market may not have returned to its pre-recessionary levels, but prospective workers in many countries should see improved opportunities for new positions in the coming months, according to a new report.

In nearly two-thirds of the countries monitored by the Manpower Employment Outlook Survey, employers reported they plan to add more workers during the fourth quarter of the year.

Emerging markets showed some of the best prospects, with India, Brazil, Columbia, Peru and China displaying the strongest hiring desires in the next three months.

"Interestingly, employers in emerging markets are more optimistic about hiring compared to their counterparts in more developed economies," said Jeffrey A. Joerres, chairman and CEO of Manpower.

Research from oDesk has shown that outsourcing to India continues to be a popular choice for employers across the globe. The number of hours logged by professionals from this country increased steadily over the past six months.

"Indian employers have absorbed the layoffs conducted in the third quarter and are telling us they will begin hiring again at a conservative pace, but most intend to keep their workforces intact through the end of the year," Joerres added.

The Manpower survey also reported increases in hiring plans from companies in Australia, Singapore and Costa Rica during the fourth quarter of 2009.

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Article Tags: ceo, counterparts, desires, emerging markets, employment outlook survey, fourth quarter, global job market, globe, jeffrey a joerres, layoffs, manpower employment, manpower survey, odesk, outsourcing to india, prospective workers, prospects, six months, three months, two thirds, workforces



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