Employers Report Strong Hiring across Many Markets, Driven by Uptick in Asia Pacific, U.S. and Eastern Europe
The strongest Outlooks globally are reported in the
Outlooks among employers in
View complete Q1 2018 survey results: www.manpowergroup.com/meos
"The first quarter of 2018 is looking bright for jobseekers with employment Outlooks improving in many markets," said
Of the nearly 59,000 employers surveyed across 43 countries and territories confidence levels have strengthened year-on-year in 25 countries and territories.
Global Hiring Plans by Region
- EMEA: Staffing levels are expected to grow in 23 of 25 countries surveyed with flat labor markets in the remaining two.
- Employers in
Romaniaand Sloveniareport the strongest hiring plans in the EMEA region.
- German employers report strong hiring intentions in Finance and Business Services with employers in
Frankfurtand Munichreporting the most optimistic Outlooks.
- The Outlook in
Franceremains modest, with employers in Finance and Construction reporting the biggest year-over-year headcount growth. Asia Pacific: Employers expect staffing levels to increase in all eight countries and territories with hiring sentiment strongest in Taiwan. The most cautious Outlook in the region is reported in China. Australiais forecasting the strongest labor market in more than six years with an Outlook of +14%.
- Hiring confidence in
Japanremains solid with employers reporting the most optimistic forecast since 2007. Hiring activity is strongest in Transportation and Utilities, and Mining and Construction sectors.
- Hiring intentions in
Indiaimprove for the second consecutive quarter following the country's weakest historical Outlook from Q3 2017. Increased opportunities for job seekers are expected in all seven industry sectors and across each of the four regions. Americas: Positive Outlooks are reported in all 10 countries surveyed. U.S.employers report the region's most upbeat forecast, with more than one in every five surveyed saying they intend to hire in the January-March time frame. U.S.employers report the strongest Outlook in ten years, driven by optimism in Construction, Manufacturing and Transportation and Utilities sectors. Canada'sOutlook improves for the third consecutive quarter. Hiring intentions are the most optimistic reported since Quarter 4 2013.
- Hiring in
Mexicoremains favorable despite uncertainties associated with ongoing NAFTAnegotiations. Forecasts are positive in all industry sectors and regions with the strongest Outlooks reported by employers in the Manufacturing and Transport & Communicationssectors.
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.
News Provided by Acquire Media