New Delhi – Thursday, June 19, 2010 – Driven by India’s economic turnaround post downturn, hiring in the organized sector is set to pick up at a greater pace in the second quarter reveals the first quarter results of the Ma Foi Randstad Employment Trends Survey. The findings of the study for the period of January- March 2010 was released by Mr. K. Pandia Rajan, CEO, Ma Foi Randstad (India & Sri Lanka), at a press conference held in the city today. Ma Foi Randstad is the leading integrated HR services provider in the country and has been conducting the employment trends survey since 2004. This study is India’s largest job market study.

In March 2010, Ma Foi Randstad predicted creation of 1 million jobs in the year 2010.The latest projection for the period of April to June (Q2) and estimates of actual job creation in January to March 2010 (Q1) for the organized sector was arrived at, after surveying the employment trends in 650 companies across 13 industry sectors in eight major cities – Ahmedabad, Bangalore, Chennai, Delhi, Hyderabad, Kolkata, Mumbai and Pune. These companies were queried about (a) hiring in the first 3 months of the year and (b) hiring intentions over the next 3 months. » Read more: Hiring Is Gaining Momentum Across Sectors – Ma Foi Randstad Employment Survey