What slowdown? Employers upbeat about hiring in Q4 2019, finds ManpowerGroup survey

Marco Green
Сентября 11, 2019

The strongest hiring sentiment was reported in Japan where 26 per cent of employers were bullish about their hiring plans for the October-December quarter, followed by Taiwan (21 per cent) and U.S. (20 per cent) in the second and third positions, respectively.

Despite the modest number, India is the fourth most optimistic nation about hiring plans for the next three months globally.

Employers expect to increase payrolls in all three organisation sized categories during the forthcoming quarter. "We are continuing to see employers planning to hire for technical and soft skills and committing to invest in their people with upskilling programs".

Employers in France report a hiring Outlook of +6% up year-over-year and quarter-over-quarter driven by improvements in many sectors including Construction where employers report an Outlook of +15%, the most upbeat forecast for the sector since the survey began 16 years ago.

"With seasonal variations removed from the data, Calgary's fourth quarter Net Employment Outlook of +2% is a two percentage point decrease when compared to the previous quarterly Outlook", said Randy Upright, CEO of Manpower's Alberta region, in a statement released Tuesday morning.

The firm polled 669 Singapore employers on their hiring plans for the upcoming quarter and found that 8 per cent plan to decrease headcount, while 13 per cent plan to increase it.

Americas: Employers in all 10 countries in the region expect to increase their headcount with the USA now reporting the strongest Outlook in the region for two years in a row.

USA employers (+20%) report the region's most confident forecasts for Q4.

While sectors like public administration and education expect to increase headcounts by 19%, sectors like transportation and utilities expect to trim payrolls by 5%. In a year-over-year comparison, employers in the east report a sharp increase of 23 percentage points.

The weakest hiring activity was reported in Spain (0 per cent), the Czech Republic (2 per cent), Argentina (3 per cent), Costa Rica (3 per cent), and Switzerland (3 per cent). Outlooks declined year-over-year in six out of seven sectors in Mexico. "Corporate India's hiring intention is better as employers collaborate with the education bodies to ensure a skilled labour pool in the coming years", a ManpowerGroup press release quoted an unnamed senior spokesperson as saying.

The ManpowerGroup research for the fourth quarter of 2019 reveals that employers expect workforce gains in 43 of 44 countries and territories surveyed in the period up to the end of December. In the south, employers reported an increase of five percentage points, while outlooks are four and three percentage points stronger in the west and north, respectively. The biggest decline was reported by Manufacturing and Mining & Extraction employers - a sector exposed to recently imposed US tariffs.

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