Employers in More than Three Quarters of Labor Markets Plan to Hire, but Outlooks Soften from One Year Ago; Signs of Stabilization in Europe
Global economic challenges and uncertainty will continue to contribute to subdued hiring during the second quarter of 2013, according to the latest Manpower Employment Outlook Survey released today by ManpowerGroup (NYSE: MAN). ManpowerGroup’s research suggests that employers are seeking signs of a robust global economy befare labor markets are likely to achieve sustainable traction.
This quarter’s research reveals:
- Positive Hiring Plans in More Than Three Quarters of Labor Markets: Employers in 32 of the 42 countries and territories surveyed expect to add to their workforces in varying degrees in the second quarter, compared to 29 countries and territories in the first quarter. Hiring optimism strengthens quarter-over-quarter in 21 countries and territories but declines in 15.
- Hiring Weaker Than One Year Ago: Employers in 25 countries and territories report weaker hiring forecasts compared to this time last year, with outlooks improving from 12 months ago in 15.
- Brazil, Taiwan, Turkey and India Again Lead the Way, Weakest Outlooks in Europe:Employers in Brazil, Taiwan, Turkey, India and Panama report the strongest second-quarter hiring plans globally. Those in Italy, Spain, Greece and the Netherlands report the weakest Net Employment Outlooks, with outlooks from Italy and Spain matching the weakest employer forecasts ever reported there.
- Employers in Europe in Wait-and-See Mode: While the least optimistic second-quarter forecasts prevail across the Europe, Middle East and Africa (EMEA) region, where employers in nine of 24 countries report negative outlooks, there is a clear improvement from three months ago when negative hiring plans were reported in 13 countries.
- U.S. Employers Report Steady Hiring Pace: Hiring intentions in the U.S. remain relatively stable in both quarter-over-quarter and year-over-year comparisons.
“Employers continue to be troubled by the current global economic environment, where the only certainty is uncertainty, meaning companies remain