Demand for Skilled Talent Set to Grow Globally in the Last Quarter: Employers Report Positive Hiring Intentions in 43 of 44 Countries
"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
- Employers in
Germanyforecast 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.
Francehiring 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. Italyimproves 3 percentage points quarter-over-quarter as the political situation begins to stabilize.
Greeceemployers 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. UKemployers 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
Japanas 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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