New Delhi, July 13 -- There may be some good news on job creation after all. The monthly purchasing managers' surveys for manufacturing and services have shown a sharp rise in hiring across sectors and at different levels in June.
The rate of job creation was "sharp and the strongest seen since data collection started in March 2005", showed the survey for manufacturing.
Similarly, the survey for the services sector noted that the pace of job creation was marked and the strongest in 22 months. "Anecdotal evidence highlighted a mixture of short-term and permanent hires for junior-, medium- and senior-level positions," said the early July statement by S&P Global, which conducts both surveys.
The Reserve Bank published a provisional job re...
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