Demand for Skilled Talent Set to Grow Globally in the Last Quarter: Employers Report Positive Hiring Intentions in 43 of 44 Countries
View complete Q4 2018 survey results: www.manpowergroup.com/meos
"We continue to see optimism from employers around the world in spite of tariff disputes, proposed new populist legislation and the uncertainty of a hard or soft Brexit," said
Global Hiring Plans by Region
EMEA:
- Employers in
Germany forecast the strongest Outlook in seven years with the most optimistic hiring prospects reported in the Construction, Finance & Business Services, and Public & Social sectors, at +14%, +13% and +11%, respectively. - In
France hiring intentions soften slightly to +2% yet employers still plan to expand their workforce in 7 of 10 industry sectors and 4 of 5 regions, suggesting increasing confidence in recent labor policy changes. Italy improves 3 percentage points quarter-over-quarter as the political situation begins to stabilize.- In
Greece employers plan the highest headcount increases in over a decade (+16%) driven by growth in the Wholesale & Retail Trade sector as domestic spending grows with the improving economic outlook. UK employers continue to report modest hiring intentions (+4%) with a marked improvement in the Finance & Business Services sector, up 6 percentage points quarter-over-quarter.
- Solid workforce gains are forecast to continue in
Japan as growing export volumes boost hiring in the Manufacturing sector, which has seen sustained positive hiring intentions since 2010. - Taiwanese employers continue to report strong hiring intentions led by the Services sector.
- Global trade uncertainty seems to be impacting Chinese hiring plans as the Outlook falls by 4 percentage points quarter-on-quarter yet remains positive at +6%. The weakest sector for the coming quarter is Mining and Construction (+6%).
- In the U.S., employers in the Leisure & Hospitality sector report the most optimistic Outlook, at +28%, its highest level since Q4 2016. This is followed by Professional and Business Services at +25%, the sector's strongest outlook in a decade and a continuation of an upward trend since 2008.
- Canadian employers continue to report positive hiring intentions (+14%) led by growth among large employers (+29%). Micro-employers (+4%) remain the most cautious.
- Brazilian employers report encouraging signs for job seekers in the coming quarter with an Outlook of +7%. The strongest industry forecast at +11% is in Manufacturing, improving by 9 and 10 percentage points respectively quarter-over-quarter and year-over-year.
To view complete results for the
*The Net Employment Outlook is derived by taking the percentage of employers anticipating an increase in hiring activity and subtracting from this the percentage of employers expecting a decrease in hiring activity.
**No comparable data is available due to
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SOURCE
Danielle Switalski, +1 (414) 248-7431, danielle.switalski@manpowergroup.com; OR Emma Kirby, +1 (414) 544-1489, Emma.kirby@manpowergroup.com