Global employment survey finds good news in Pakistan’s jobs market
A quarterly survey of hiring and firing trends around the world has found that the numbers of companies letting staff go at professional and managerial sector in Pakistan has dropped significantly since the start of the year.
The ‘Global Snapshot’ from the international recruitment firm, Antal surveyed more than 9600 organisations in 55 countries on whether they were currently hiring and firing at professional and managerial level. It then asked whether they planned to do so in the coming quarter. 62% of Pakistani companies said that they were currently hiring with this figure expected to dip only slightly to 58% in the next quarter.
The survey also showed that 29% of Pakistani organisations are currently letting managerial staff go, a figure that has dropped considerably from 53% at the start of the year, suggesting that there is growing confidence in the jobs market.
Elsewhere in Asia, hiring levels stood at 58% in Hong Kong and in Japan at 54%. The survey shows that this figure is expected to rise in all Asian countries surveyed, with Malaysia seeing the highest predicted levels of growth.
“Although some countries, particularly in Western Europe, are still seeing a decline in the employment market, the global picture has definitely improved once again,” says Antal’s CEO, Tony Goodwin. “In the last two editions of Global Snapshot we have hesitated to suggest that a genuine and sustained recovery is underway, wary of the fact that more unpleasant surprises might still be announced by the banking community. However the fact that this industry now tops the list of the world’s most active sectors gives us the confidence to predict that a double dip recession is now unlikely to take place. As a result the nascent war for talent that has already broken out is likely to become fiercer over the next few months, as the most prescient businesses snap up the people who will enable them to secure best advantage in improving markets.”
About Antal International
Founded in 1993, Antal International is a management and professional recruitment specialist with a particular focus on the sourcing and retention of candidates in the ‘Generation Y’ bracket. One of the first recruitment organisations to devote substantial resources to emerging markets, the company now has offices in 30 countries and works with many of the world’s most successful and ambitious multi-nationals.
http://news.antal.com/2010/06/global-employment-survey-finds-good-news-in-pakistan’s-jobs-market/
alright it might not be the most recent but it’s this year’s news and good news from Pakistan 