Hiring Increases for Late 2016 Anticipated by Employers Around the Globe
Author: Marta Moakley, XpertHR Legal Editor
October 4, 2016
Employers intend to increase hiring in 42 of 43 countries and territories through the end of 2016, according to the latest Manpower Employment Outlook Survey. Hiring confidence in Q4 2016 is strongest in India, Japan, Taiwan and the US. Only employers in Brazil expect payrolls to decline during this period.
Compared to Q3 2016, of 43 countries and territories, hiring prospects are stronger in 23, unchanged in nine and on the decline in 11.
Despite uncertainty related to the Brexit vote in the UK and other geopolitical events, Jonas Prising, Chairman & CEO, ManpowerGroup, stated that "the labor market picture remains cautiously positive, with many EU and Eurozone economies slowly pushing back toward pre-recession levels as well as improving prospects in other key markets like India, Japan and Taiwan."
Employers in all countries surveyed in the Europe, Middle East and Africa region as well as the Asia Pacific region plan for staffing level growth. Employers in nine of the 10 countries in the Americas surveyed expect to increase staffing levels in Q4. US employers report the most optimistic hiring prospects in that region.
ManpowerGroup conducts its projective quarterly survey using a representative sample of employers throughout the countries and territories in which it is conducted. The survey was based on interviews with nearly 59,000 public and private employers across 43 countries and territories. All survey participants were asked, "How do you anticipate total employment at your location to change in the three months to the end of December 2016 as compared to the current quarter?"