Job market in 2016, expectations in 2017

2016 started with a very bullish hiring outlook by employers in India. 70 percent organizations had proposed to increase hiring across all levels in 2016, according to the Aon Hewitt Decoding Hiring Trends Study 2015. When compared globally, India also had the most positive hiring outlook (at 41 percent) in the last quarter of 2015, as reported by the ManpowerGroup Employment Outlook Survey.
It was the strong performance trends in 2015 that laid down the expectations from 2016. We look at some of the key macro-industry trends from 2015 that shaped 2016.

Only 2 in 10 employers adopted recruiting strategies for utilizing previously untapped talent pools at the end of 2015

Rewind: What we thought was in store?
Talent shortage – Creating an imbalance

Although there was an increase in demand, it was met by an almost equal increase in talent shortage, somehow creating an imbalance between the demand and supply of talent. ManpowerGroup’s Talent Shortage Survey, 2015 revealed that 58 per