Manpower has released its quarterly survey data on the global hiring outlook for the upcoming quarter. In spite of the current geopolitical climate, employer confidence remains strong. Most survey respondents expect to add to their payrolls in the third quarter.
Some of the global hiring activities are highlighted below.
- Once again, the USA tops this region with the strongest outlook. This is buoyed by an especially strong Leisure & Hospitality quarter – which has led hiring for 21 consecutive quarters.
- Brazil has the weakest hiring outlook in the region, but is still expecting overall growth of 3% compared to the previous quarter and 4% over last year. This is welcome news coming after a prolonged negative hiring environment.
- Mexico is reporting solid demand in both transport & communication and mining & extraction, although activity has slowed on a year-over-year basis.
- Canada’s construction sector is reporting its strongest hiring outlook in nearly five years
- Hiring activity in Japan is led by robust demand in the services and manufacturing sectors. Both sectors have their strongest forecasts since Japan began participating in the survey in 2003.
- Taiwan’s manufacturing sector is anticipating the strongest hiring levels in three years. Finance, insurance, and real estate is another sector with high levels of hiring activity.
- None of the surveyed employers in India are expecting to reduce payroll in the upcoming quarter, although payroll growth has slowed down on a quarter-by-quarter basis in some areas.
- Hiring activity in New Zealand is declining on both a quarterly and annual comparison basis. Hiring is expected to rise across all regions and sectors, but on a slower basis.
- Croatia has joined the Manpower Employment Outlook Survey for the first time, and has the strongest hiring outlook in the region. Demand is particularly strong in the restaurants & hotels and construction sectors.
- Norway is reporting its strongest hiring demand in more than six years. The most optimistic plans are in the finance, insurance, real estate and business services sector, followed by the electricity, gas, and water sector.
- Hiring activity in South Africa is expected to grow in all sectors except construction, which is at its weakest outlook in four years.
- Italy is the only country in the survey expecting a net loss in payroll during Q3. The weakest hiring activity is expected in the agriculture, hunting, forestry, and fishing sector at -11%.
What are the global hiring trends you’re seeing? Are you noticing differences geographically, occupationally, or both? Please share in the comments!