'Moderate' spring hiring expected in Cornwall: Manpower

Screenshot grabbed from Manpower Group India’s website

ManpowerGroup interviewed over 59,000 employers globally and found that the job markets are upbeat in Taiwan, Japan, Hungary, and the USA, while Italy, the Czech Republic, and Switzerland presented weak outlooks. However, employers in the East report an improvement of 8 percentage points.

Among businesses in 44 countries surveyed, business in all but one country expect to add staff over the next three months, with the greatest optimism for new hiring found in in Croatia, followed closely by Taiwan in the number two spot.

On the regional level, 20 percent of Midwest employers expect to hire more workers for the second quarter, the strongest labor market for the region since 2001. Elsewhere, a steady increase in staffing levels is expected by restaurants and hotels sector employers, with an outlook of +12%, and by employers in two sectors with Outlooks of +11% - the manufacturing sector and the transport, storage and communication sector.

ManpowerGroup said the net hiring outlook of the engineering/construction sector and the retail/wholesale sector stood at 26 percent, ahead of the transportation/warehousing/communications sector's 21 percent and the leisure/food/hospitality sector's 17 percent.

The latest data paints a picture of significant differences in hiring expectations across the country, both on a sector-by-sector basis and when compared regionally. Meanwhile, the outlook for small employers remains relatively stable, but large employers report a decline of five percentage points.

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"Indian job seekers are likely to benefit from the positive labour market during April-June".

When forecasts are compared with those reported in the first-quarter, hiring intentions improve in 17 countries and territories, decline in 17 and are unchanged in nine. "Prospects for the upcoming quarter remain strong, led by exceptionally strong growth in Quebec, where employers are hiring across multiple sectors". Based on seasonally adjusted data, employers in Hungary report the most optimistic hiring plans in the EMEA region.

The overall net outlook score of 10 per cent is 1 per cent lower than the last quarter and down 4 per cent from the same period (April-June) of 2017. For the third consecutive quarter, the most cautious outlook is reported in China.

The manufacturing sector and the service sector was second, with a net hiring outlook of 28 percent, ManpowerGroup said, saying that most job openings in the manufacturing sector will be seen in central Taiwan, while the gaming industry in the service sector is expected to expand its workforce.

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