India net employment seen up 6 pct in Q3 - Manpower

MUMBAI (Reuters) - India's net employment in July-Sept 2008 is seen rising 6 percent over the last quarter despite a global slowdown, a survey by staffing firm Manpower showed on Tuesday.

"The job market in India is expected to remain positive yet cautious in the third quarter," the report said.

Of the 32 countries surveyed, India ranks number one with overall net employment outlook. Singapore and Peru come in a close second and third.

The third quarter hiring is expected to be positive in 31 of the 32 countries and territories surveyed, with exception of Spain. China has reported the weakest hiring outlook in the region for the fourth consecutive quarter.

In India the services sector is the most optimistic with an outlook suggesting a rise of 17 percent over last year, it said.

Finance, insurance and real estate industries reported the largest increase of up to 20 percent on year.

Public administration and education employers indicated the weakest hiring intentions, lower from the previous quarter.