Manpower Employment Outlook Survey 2Q 2012 Results Now Available
Employers in more than three out of four countries and territories surveyed report positive second-quarter hiring intentions
According to the Manpower Employment Outlook Survey of global hiring trends released today, positive hiring activity is expected by employers in 32 of the 41 countries and territories in the April-June time frame, with the second-quarter hiring pace expected to improve from three months ago in 23 of the 41 countries and territories. Other findings include:
- Hiring plans are strongest in India, Brazil and Taiwan and weakest in Greece, Spain and Czech Republic. Job prospects in the Finance sector weaken noticeably across Europe—particularly in the Netherlands and Switzerland—as large finance companies continue to restructure and reduce costs.
- Hiring intentions remain solid across the Asia Pacific region. However, employers report notable year-over-year declines in six of eight countries and territories–particularly in mainland China where Outlooks decline by considerable margins in all six industry sectors.
- A holding pattern on hiring prevails in Europe, the Middle East and Africa (EMEA). Outlooks decline in 13 countries compared to this time last year but improve in seven, and employer confidence remains mixed with positive hiring activity expected in only 14 of the 23 countries surveyed. Employers in Turkey, Israel, Romania and Norway report the region’s most optimistic hiring intentions.
- In the Americas, employers in Brazil report the most optimistic second-quarter hiring intentions, with much of their optimism fueled by the strongest Outlook to date in the Services sector where employers are already hiring in advance of the 2014 World Cup. Conversely, U.S. employers anticipate the region’s weakest hiring pace in the next three months, although it is the strongest forecast from U.S. employers since the fourth quarter of 2008. Outlooks improve in all 13 U.S. industry sectors from three months ago.
The global leader in innovative workforce solutions, ManpowerGroup releases the Manpower Employment Outlook Survey quarterly to measure employers’ intentions to increase or decrease the number of employees in their workforce during the next quarter. It is the longest running, most extensive, forward-looking employment survey in the world, polling over 65,000 employers in 41 countries and territories. The survey serves as a bellwether of labor market trends and activities and is regularly used to inform the Bank of England’s Inflation Reports, as well as a regular data source for the European Commission, informing its EU Employment Situation and Social Outlook report the Monthly Monitor. ManpowerGroup’s independent survey data is also sourced by financial analysts and economists around the world to help determine where labor markets are headed.
To view full survey results for each of the 41 countries and territories included in the survey, plus regional and global comparisons, visit the ManpowerGroup Web site at:
http://www.manpowergroup.com/meos
