Manpower Group has released the results of its Q3 Global Employment Outlook, a comprehensive survey of more than 59,000 employers in 44 countries and territories. The survey asked these employers how they expect total hiring to change for the period ending September 30th compared to the current quarter. Hiring plans across the global remain strong with increased headcount anticipated in 43 of the 44 surveyed locations.
- Employers in the United States lead this region in hiring optimism, with more than 25% planning to increase hiring in the upcoming quarter. This is the strongest outlook reported in 13 years. Strong segments include professional and business services, leisure and hospitality, and transportation and utilities. Geographically, the west and midwest areas of the country anticipate strong hiring.
- The employment outlook in Brazil is at its highest level in five years, following a prolonged contraction. All industry sectors and geographic regions expect to see increased headcount in the upcoming quarter. Agriculture, fishing & mining, finance, insurance & real estate, and wholesale & retail trade are particularly robust market sectors.
- Modest hiring is expected throughout Mexico, although at a slower place than has been reported for the past two years.
- Japan continues to have the strongest labor market in this region, although it has slowed slightly on a year-over-year basis. The mining & construction sector is at its most robust since Japan began participating in the survey more than 15 years ago.
- Hiring plans remain positive in Australia. Employers expect a steady hiring pace to continue in third quarter. There is very strong demand in the transportation & utilities and services sectors.
- The employment outlook in New Zealand is steady. Employers anticipate slight hiring increases on both a quarter-over-quarter and year-over-year basis. The services sector is reporting the strongest demand and growth.
EMEA (Europe, Middle East, Africa):
- Cautious employment outlooks are reported across the region. German employers plan to hire at slightly lower levels compared to both the previous quarter and previous year. In France, no change is expected from the second quarter. Modest hiring is expected in the UK and Italy, with both countries seeing weaker hiring prospects in certain market sectors.
- Croation employers boast the strongest outlook in the region, for the second consecutive quarter. This is despite a significant quarter-over-quarter dip.
- Robust construction, electricity, gas & water and mining & quarrying sectors are boosting the outlook in Slovenia to a two-year high.
Employers are still hiring, even if the pace is somewhat slower in certain geographies. Employment gains are expected in every global market, across a wide variety of market and industry segments. What’s hot in your location?