Latest Manpower survey shows optimism heading into 2018

Ivan Schwartz
December 14, 2017

A new survey released by ManpowerGroup shows that 27 per cent of surveyed local companies anticipate hiring new workers between January and March, while three per cent expect to make cutbacks.

In response to the staffing and consulting firm Manpower's question "How do you anticipate total employment at your location to change next season as compared to the current quarter?"

Employers in Romania report the strongest first-quarter hiring intentions in nine years and the most optimistic ones in the Europe, Middle East and Asia (EMEA) region, recruitment company ManpowerGroup Romania said on Tuesday.

The Finance, Insurance & Real Estate sector employers report the most optimistic NEO of +29%, as well as the strongest annual gain of 15 percentage points.

With seasonal variations removed from the data, the first quarter net employment outlook is 18 per cent, which is a six percentage increase from the previous quarterly outlook.

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"It is also an increase of 14 percentage points compared with the Outlook reported during the same time a year ago, indicating a positive hiring pace for the upcoming months". Large companies, with over 250 companies, are the most optimistic.

The latest ManpowerGroup Employment Outlook Survey bodes well for the new year.

Amanda White, head of specialist markets for Manpower, believes the region is proving to "be a green shoot of optimism against the downbeat national outlook for employment intentions".

However, mining & construction sector report uncertain hiring plans with an outlook of -1%, the weakest hiring outlook in more than eight years but one that remains relatively stable year-over-year. Elsewhere, Outlooks of +14% are reported in both Christchurch and Wellington.

Australia in general also recorded the third-strongest year-on-year gain of over 43 surveyed countries.

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