GLOBAL HIRING MAINTAINS MOMENTUM FOR Q2: EMPLOYERS IN TECH, FINANCE AND MANUFACTURING REPORT MOST OPTIMISTIC PLANS
- Positive employment outlooks reported by employers in 39 of 40 countries - with 36 reporting stronger hiring prospects year-over-year
- Strongest hiring plans reported by employers in
Brazil ,India andSweden - Tech skills remain most in-demand as digitization accelerates and employers continue to compete for talent
ManpowerGroup calls for fast action from business and governments to support humanitarian efforts so refugees can access meaningful work opportunities
"Labor markets around the world are looking strong for Q2, with hiring outlooks back at pre-pandemic levels in most countries," said
"At ManpowerGroup we are working fast to leverage our experience integrating refugees into labor markets from other countries – for example from
KEY FINDINGS
- Strongest hiring plans for employers in
Brazil (+40%),India (+38%),Mexico (+38%), andSweden (+38%); weakest reported inGreece (-2%),Poland (+5%) andJapan (+6%). - Outlooks improve year-over-year in 36 countries with the strongest improvements reported by employers in
South Africa ,Panama ,Peru ,Colombia ,Brazil ,Sweden andthe Netherlands . - Employers in
North America report the most optimistic regional outlook of 38% followed by South andCentral America (+35%), APAC (+28%) then EMEA (+22%). - Labor shortages drive worker demand across sectors: Manufacturing (+31%), Wholesale & Retail Trade (+29%) and Primary Production (+27) report strong hiring intentions as employers continue to struggle to fill roles requiring workers to be on site.
- The weakest (though improved) hiring intentions were reported in Restaurants and Hotels (20%) as hospitality continues to recover following the outbreak of the Omnicron variant at the end of 2021.
Global Hiring Plans by Region
EMEA: Employers report positive hiring intentions in 22 of 23 countries during the next three months. The only negative outlook is reported by employers in
- Year-over-year hiring sentiment improves in 20 and declines in only 3 countries,
Greece ,Poland , and Romania. - Strongest improvements reported in
Sweden (+38%),Netherlands (+36%) andBelgium (+34%); weakest inGreece (-2%),Poland (-5%) andRomania (-7%). - In
France andGermany ,Paris (+25%) andMunich (+33%) report some of the most optimistic City outlooks in the region, driven by employers in IT and Finance.
- Employers in
Canada report a slightly stronger outlook than last quarter (+2%), while theU.S. shows a small decline for the second quarter (-6%). - Hiring managers in both countries expect hiring to be significantly stronger compared to intentions year-over-year, +27 percentage points in
Canada and +16 in theU.S. - In the
U.S. , employers report the strongest outlooks (+51%), those in Education, Health, Social Work and Government (+27%) report the weakest.
Central &
- Strongest hiring plans are reported in
Brazil (+40) thenColombia (+38%); weakest inArgentina . - Compared with previous quarter, seven countries see intentions weaken, while
Panama shows a small increase (+2% percentage points). - The outlook in the region has improved 40 points when compared with the previous year, and 22 points since last quarter.
APAC: In all seven
- Strongest hiring plans are reported in
India (+38%)Australia (+28%) andChina (+28%), while the weakest hiring plans are expected inJapan (+6%),Taiwan (+7%) andHong Kong (+9%). - Hiring sentiment strengthens in
China andSingapore compared to Q1 and weakens inJapan ,Taiwan ,Australia ,New Zealand ,India , andHong Kong .
*Data was collected in
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SOURCE
Emma Almond, +1 (414) 544-1489, emma.almond@manpowergroup.com