9 days ago -

APAC ManpowerGroup Employment Outlook Survey​ - Q3 2024

APAC ManpowerGroup Employment Outlook Survey​ - Q3 2024

The ManpowerGroup Employment Outlook Survey is the most comprehensive, forward-looking employment survey of its kind, used globally as a key economic indicator. In the latest edition of the ManpowerGroup Employment Outlook Survey, 10,080 employers from 7 countries and territories in Asia Pacific were asked about their third-quarter hiring intentions, AI adoption journey, and challenges faced along the way.

Key findings

  • 23% APAC Net Employment Outlook: Weakened by -4% from the last quarter and -8% when compared to the same time last year.

  • More than half (52%) said they have already adopted AI, though employers reveal that AI optimism varies by seniority.

  • More than half (52%) of employers expect to increase headcount due to AI and ML over the next two years and nearly one in four believe there will be no impact.

  • Highest Hiring Demand in APAC: Healthcare and Life Sciences, Financials and Real Estate & Information Technology.

What does Net Employment Outlook mean?​

The Net Employment Outlook (NEO) is derived by taking the percentage of employers anticipating an increase in hiring activity and subtracting from this the percentage of employers that expect to see a decrease in employment at their location in the next quarter. A positive NEO figure means that, on balance, more employers expect to add to their headcount in the following three months than those who intend to reduce staff.​ ​