Sustained Jobs Growth Continues: Employers Across the Globe Report Positive Hiring Intentions for Q4
View complete Q4 2017 survey results: www.manpowergroup.com/meos
Of more than 59,000 employers surveyed across 43 countries and territories:
- Hiring has strengthened in 23 countries and territories, is unchanged in seven and declines in 13 when compared to Q3 2017
- Confidence levels have strengthened year-on-year in 25 countries and territories.
- In the
U.S.manufacturing hiring continues on a growth trajectory with employers reporting the most optimistic intentions since 2007
"We are seeing sustained hiring confidence from employers around the world after some years of caution," said
Global Hiring Plans by Region
- EMEA: Staffing levels are expected to grow in 24 of 25 countries surveyed. Employers in
Hungary, Greeceand Romaniareport the strongest hiring plans in the EMEA region and employers in Switzerland, Czech Republic, Italyand Belgiumreport the weakest, yet still positive Outlooks.
- In the
UK, employer hiring intentions continue to be favorable in the face of uncertainty around Brexit negotiations. The Q4 Outlook remains stable at +6%, improving 1% quarter-on-quarter and year-on-year. The strongest UKOutlooks are seen in the construction sector at +11% and finance and business services at +9%.
- Employers in
Greeceare reporting the eighth consecutive quarter of positive hiring intentions. The Outlook of +15%, the strongest planned hiring since Q3 2008, is driven by continued growth in the finance and business services sector, at +21%.
- French employers report positive hiring intentions for the sixth consecutive quarter. The employment Outlook for the last quarter is the strongest reported in more than two years. New
President Macron'sfocus on labor market reform could provide greater mobility and help employers find the workers they need.
- Asia Pacific: Hiring is expected to increase in all eight
Asia Pacificcountries and territories during Q4 2017. Hiring sentiment is strongest in Japanand Taiwan, while the weakest Outlooks are reported in Australiaand China. Japan'semployers report the strongest fourth-quarter forecast among all 43 countries and territories for Q4 2017, driven by robust Outlooks in the Mining & Construction and Transportation & Utilities sectors.
- Following six consecutive quarters of declining hiring intentions, employers in
Indiareported a Q4 Outlook of +19%, up from +15% in Q3, which was the weakest Outlook in Indiasince 2005.
- Americas: Positive Outlooks are reported in all 10 countries surveyed. Employers in
Costa Ricareport the most optimistic hiring intentions across the Americasregion, while Braziland Perureported the weakest Outlooks.
- Employers across
the United Statesremain positive, with nearly one in five (21%) planning to hire in Q4. US employers are continuing to expand in the durable goods manufacturing sector, reporting an Outlook of +18%, the strongest hiring intentions since 2007. Employers in Professional & Business Services also reported the strongest hiring intentions than at any point since 2009.
- Despite the Brazilian Outlook being the weakest in the region at +1%, Q4 2017 represents its second consecutive quarter of positive forecasts following nine consecutive quarters of negative reports.
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.
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