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Getting a new job has never been this bad in the last 15 years: Survey

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NEW DELHI : As only 5% of companies in India are planning to hire new employees, India's job market appears to be at its worst in the last 15 years due to the coronavirus-induced lockdow, according to a survey report released today."Hiring prospects are the weakest reported since the survey began 15 years ago, declining by 7 percentage points when compared with the previous quarter and by 9 percentage points in comparison with last year at this time," ManpowerGroup Employment Outlook Survey that covered 695 employers across India said.It estimates that the net employment outlook stands at 5% for the July-September quarter.Sectors which will lead the job market are likely to be the mining and construction, finance, insurance and real estate.

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