Published: Wed, March 14, 2018
Global | By Marsha Munoz

Hiring to remain steady in April-June 2018 time frame

Hiring to remain steady in April-June 2018 time frame

Florida employers expect to hire at a rapid pace between April and June, according to a quarterly forecast by staffing company ManpowerGroup.

The strongest hiring prospects were recorded in the sector of electricity, natural gas and water, with a +22 percent reading. While there won't be layoffs, hiring as such will be lower than in previous quarters. Expectations in the Wholesale & Retail Trade sector have increased by seven percentage points compared to the same period previous year, while employers in the Finance, Insurance & Real Estate sector report an increase of four percentage points. Workforce gains were expected across all four regions in India.

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. "It is also a decrease of three percentage points compared with the Outlook report during the same time past year, indicating a slow hiring period for the upcoming months".

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Employers expect to increase staffing levels in all seven industry sectors during the upcoming quarter. Across the United States, one in five employers expect to grow their work force in the next three months, according to the survey.

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.

More than 1,900 companies across Canada took part in the survey.

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High demand for labour across the Wholesale & Retail Trade and Finance, Insurance & Real Estate sectors has kept Australia's employment outlook at one of the strongest levels in over six years. However, Gauteng employers report an improvement of six percentage points, while outlooks for Eastern Cape and KwaZulu-Natal remain relatively stable. Meanwhile, public and social sector employers report no quarter-over-quarter change and a relative stability when compared with this time one year ago.

Among the countries and territories featuring seasonally adjusted data, confidence is strongest in Taiwan, Japan, Hungary and the U.S., while the weakest hiring prospects are reported in Italy, the Czech Republic and Switzerland, the survey said. Based on seasonally adjusted data, employers in Hungary report the most optimistic hiring plans in the EMEA region.

Staffing levels are expected to grow in all eight Asia Pacific countries and territories during the April-June time frame. Every quarter, we ask more than 11,500 hiring managers about their hiring plans for the next three months.

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The ManpowerGroup interviewed 58,000 employers in 43 countries and territories and especially 46000 employers in India as their sample size for the employment outlook survey.

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