Global Hiring Outlook Remains Steady with Most Markets Anticipating Improved Hiring Intentions for Q2
The strongest year-over-year increases in hiring intentions are reported by employers in
"For some time we have seen stable hiring intentions with variations across regions and industries in a slow growth environment," said
View complete Q2 2020 survey results: www.manpowergroup.com/meos
Global Hiring Plans by Region
EMEA: Hiring intentions strengthen in eight markets and weaken in 13 year-over-year. The highest outlooks are reported in
- Employers in all seven
UKindustries report an increase in hiring intention for the next quarter with the strongest forecasts in the Utilities sector (+9%) and the Finance & Business Services sector (+8%). These increases are likely in response to greater clarity over Brexit following the December general election and signing of the exit agreement. Germany'semployment outlook declines 1 percentage point, indicative of hiring hesitancy especially in auto-manufacturing and related supply chains.
- French employers report a 2 percentage point increase in hiring intentions on a quarterly basis, but this remained flat when compared with Q2 in 2019.
- Employers in
Brazilreport the strongest year-over-year hiring increase in hiring intentions in the region, up 7 percentage points. The employment outlook in Manufacturing reached a six-year-high of +15%. U.S.employers report the region's strongest hiring intentions for the tenth consecutive quarter and anticipate optimistic job growth in all 12 sectors though Manufacturing employers report a 5-percentage point decline year-over-year following steady softening in 2019.
- Employers in
Canadareport the lowest outlook since Q4 2017 (+9%) with hiring forecasts in Manufacturing the lowest industry Outlook. Japan'semployers report one of the strongest outlooks globally (+24%) but hiring intentions decline by 2 percentage points year-over-year. Japan'sMining & Construction sector report the strongest sector hiring intentions for the fifth consecutive quarter (+39%), while Public Administration & Educationcontinue to report the weakest, yet still positive, hiring gains (+9%).
- Employers in
Hong Kongreport one of the lowest outlooks globally of +1%, declining significantly quarter-over-quarter and year-over-year. The steepest sector declines are reported by Manufacturing employers at -5%.
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.
*The survey was conducted
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