The pace of hiring in the health care sector is expected to slow, with the net employment outlook for the sector down to 18% in the first quarter of 2009 compared with 44% in the last quarter of 2008, says a report by Manpower Services India Pvt. Ltd. This is a decline of 26 percentage points.
Also See Net employment outlook in the health care sector (Graphic)
Of the 90 employers surveyed in the health care sector, only 21% expressed a desire to increase hiring in the January-March quarter, while 3% anticipated a decrease in hiring. In the October-December quarter, 45% of the 128 employers surveyed had expressed a desire to increase hiring, and only 1% expected a fall in hiring. While 41% expected no change in their hiring decisions in the previous quarter, 73% of the respondents this quarter expected to stick to their recruitment plans.
This outlook is based on responses collected from the human resource heads of health care firms, which include companies providing hospital services, medical equipment manufacturers and firms offering diagnostic services.
Graphic by Sandeep Bhatnagar / Mint