Employment Outlook Q3 2016
Who in the World is Hiring? Manpower Employment Outlook Survey Shows Strongest Q2 2016 Hiring Confidence is in India, Japan, Taiwan, Colombia and Guatemala
MILWAUKEE (8 March 2016) – Hiring confidence is strongest in India, Japan, Taiwan, Colombia and Guatemala for the second quarter, with the weakest hiring forecasts being reported in Brazil, France and Italy. This is according to the latest Manpower Employment Outlook Survey, released today by ManpowerGroup (NYSE: MAN). Faced with the slowdown in China and ongoing turmoil in commodity markets, most employers across the globe appear to be taking the measured approach of adding staff only when needed.
View complete Q2 2016 survey results: www.manpowergroup.com/meos
Of the more than 58,000 employers interviewed globally, 39 of 42 countries and territories anticipate increasing their staffing levels in Q2 2016. Compared to Q1 2016, hiring prospects strengthen in 8 of 42 countries and territories, and decline in 22. Compared with last year at this time, outlooks improve in 12 countries and territories, weaken in 23 and are unchanged in 7.
“We believe parts of the global economy – including some countries in Asia and Latin America – will continue to experience softening as the result of demographic and economic influences,” said Jonas Prising, Chairman & CEO, ManpowerGroup. “Increasing globalization and technological progress are having a transformative impact on societies, companies and workers, and changing the way work gets done. In a labor market increasingly dictated by skills, ‘learnability’ – the ability to grow and adapt skill sets – is becoming a key determinant of success for both businesses and individuals.”
Global Hiring Plans by Region
In the EMEA region, employers in Bulgaria report the most optimistic second-quarter hiring intentions. However, talent demand remains restrained in Germany where the forecast dips to its least optimistic level in more than two years, while French employers report the weakest hiring plans, and the region’s only negative forecast.
In the Asia Pacific region, employers in India report the most optimistic regional and global hiring plans for the third consecutive quarter, while the region’s least favorable hiring intentions are reported by Australian employers. Hiring plans in China decline in comparison to both the prior quarter and Quarter 2 2015. Outlooks are positive in all industry sectors and regions, but are among the weakest reported in the history of the survey.
In the Americas region, employers in Colombia, Guatemala and the U.S. report the most optimistic second-quarter hiring plans, while employers in Brazil report an overall decline in payrolls as well as the weakest hiring plans in the region and across the globe.
To view complete results for the Manpower Employment Outlook Survey, visit www.manpowergroup.com/meos. The next survey will be released on 14 June 2016 to report hiring expectations for Q3 2016. To receive email notifications when the survey is available each quarter, visit press.manpower.com.
About ManpowerGroup ManpowerGroup®
ManpowerGroup (NYS E: MA N), the world leader in innovative workforce solutions, creates and delivers high-impact solutions that enable our clients to achieve their business goals and enhance their competitiveness. With nearly 70 years of experience, our $19 billion company creates unique time to value through a comprehensive suite of innovative solutions that help clients win in the Human Age. These solutions cover an entire range of talent-driven needs from recruitment and assessment, training and development, and career management, to outsourcing and workforce consulting.
ManpowerGroup maintains the world’s largest and industry-leading network of nearly 3,900 offices in over 80 countries and territories, generating a dynamic mix of an unmatched global footprint with valuable insight and local expertise to meet the needs of our 400,000 clients per year, across all industry sectors, small and medium-sized enterprises, local, multinational and global companies. We connect more than 600,000 people to meaningful work across a wide range of skills and industries every day. The ManpowerGroup suite of solutions is offered through ManpowerGroup Solutions, Experis, ™ Manpower ® and Right Management. ®
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About ManpowerGroup Vietnam
Established in 2008 in Vietnam with two (02) offices in Ho Chi Minh City and Hanoi, ManpowerGroup Vietnam is the first 100% FDI Company in the resource consulting market providing comprehensive consulting solutions in a wide variety of areas and as a strategic partner. The Ministry of Labor, Invalids and Social Affairs.
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Talent and Career Management