As per the latest Employment Outlook Report for the period July - September 2010 released by TeamLease Services, the hiring sentiment is at an 18-month high for the present quarter beginning July and ending September 2010. Bangalore, whose job market is characterised by high attrition and also an optimistic hiring sentiment, has seen its employment outlook rise significantly to become double that of the other cities. Tier-II cities experienced a significant increase (3 per cent) in hiring intent to 19 per cent — an all time high, indicative of the talent supply potential of the areas. Hiring at the junior and entry levels of organisational hierarchy is set to make a strong comeback with 17 per cent and 11 per cent increases in hiring intent — the biggest rise after more than 24 months of stagnant or negative growth in index value.
Source : 26-07-10 Business Standard Compiled by www.naukri.com