Employment Outlooks Optimistic Across the Globe: Employers in Japan and the U.S. Report Strongest Hiring Plans for Q2
View complete Q2 2019 survey results: www.manpowergroup.com/meos
"Employers in almost all countries we surveyed globally report positive hiring Outlooks for Q2, with most optimism in the U.S. and
Global Hiring Plans by Region
EMEA: Employers report positive Outlooks in 23 countries surveyed in the EMEA region, with the strongest outlooks in
UKemployers remain cautiously optimistic for Q2 with little change from the previous quarter as the outcome of Brexit remains uncertain. When compared with the same quarter of 2018, the UK Outlook declined by two percentage points.
- Overall hiring intentions in
Franceremain stable quarter-over-quarter and year-over-year, and employers anticipate the strongest Manufacturing sector prospects since 2003: a 10-percentage-point jump from the previous quarter.
Spainthe labor market softened for the second quarter with a flat (0%) Outlook for Q2 2019, driven by the weakest hiring plans in seven years in the South region, currently reporting an Outlook of -10%.
- For the second consecutive quarter,
Turkeyhas reported its weakest hiring plans since 2011. This comes amid a currency crisis, which has led to ongoing political and economic uncertainty in the country.
- The U.S. is continuing to show positive hiring intentions with a +19% Outlook and forecasted gains in all 13 industry sectors.
- Employers in
Mexicoreport a strong +12% hiring intention for the coming quarter, led by the Manufacturing sector, which has improved three percentage points year-over-year. Argentina'slabor market shows signs of improving, with a 4-percentage-point increase from last quarter. However, employers in the country report the weakest hiring intentions in the region and globally. The national Outlook has been weakened by reduced hiring in the Wholesale & Retail Trade sector, which reports its worst Outlook in 12 years.
- Unemployment in
Japanis at a 24-year low and the labor market continues to tighten. Japanese employers are reporting a 16-year high hiring Outlook as the economic expansion continues.
China, hiring intentions weaken two percentage points both year-over-year and quarter-over-quarter to an Outlook of +7%. With ongoing trade discussions impacting the wider economy, employers in the Manufacturing sector anticipate weakest hiring among all industries, falling by three percentage points.
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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