According to the International Business Report (IBR) by global consultancy firm Grant Thornton International, Vietnam tops the employment growth index 2008 with a 14 per cent rise in employment by privately held businesses, followed by India and China at 12 per cent each.
With double digit growth, Vietnam, India, mainland China and Armenia (11 per cent) top the employment growth table. Thailand (negative 4 per cent), Italy (0 per cent), France, Ireland and New Zealand (all one per cent) are at the bottom with a negative growth in employment.
Among the cities in India, Bangalore topped the list by 16 per cent growth in employment, followed by Chennai, Pune and Ahmedabad at 14 per cent.
Country's financial hub Mumbai and National capital Delhi showed a growth of only nine per cent each this year, the report stated.
Also Read
"Developing Asia will account for two-thirds of rise in employment growth, with India alone making up 30 per cent of the net increase in global employment with 142 million new jobs by 2020," Grant Thornton India National Staff Partner Vinamra Shastri said.
The employment growth in Bangalore, Chennai, Pune and Ahmedabad is due to the higher concentration of human-capital among the IT/ITES industries in these cities, Shastri added