Limited hiring expected in 2nd quarter: Manpower

Limited hiring expected in 2nd quarter: Manpower

According to the second quarter survey, although the hiring pace will slow, few staff reductions are expected. The wholesale and retail trade sectors in the country are the most upbeat about hiring, followed by services, finance, insurance, and the real estate sectors, the report said. "In the coming times, technology will change the job market dynamics and individuals need to adopt skill set to continue to remain employable", said A G Rao, Group MD at ManpowerGroup India. Public and social sector employers report modest hiring plans with an outlook of +7%, while some payroll gains are forecast for the mining and quarrying sector, where the outlook stands at +6%.

The strong national result is unchanged when compared to the same period previous year, but declines by three percentage points quarter-on-quarter.

According to the report, USA employer hiring confidence is staying strong in Q2 2018 as one in five plan to grow their workforce in the three months ahead.

Nationwide, employers in all 13 industry sectors expect to add staff in Q2 2018.

The hiring outlook is not as good as the national average where the net employment outlook is 14 per cent. 0 per cent expressed any expectations to reduce payrolls in the next three months.

The holding-pattern outlook comes as the N.C. Commerce Department reported a 4.2 percent unemployment rate in December for the Winston-Salem MSA.

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Regional comparisons Staffing levels are expected to increase in all five regions during 2Q 2018.

Erica Melarangeli of Manpower's Stoney Creek office says the outlook for Hamilton shows an increase of 12 percentage points when compared with the outlook reported during the same time past year, indicating an optimistic hiring pace for the upcoming months. However, Gauteng employers report an improvement of six percentage points, while outlooks for Eastern Cape and KwaZulu-Natal remain relatively stable. Hiring plans weaken in Free State and Western Cape when compared with this time one year ago, with outlooks declining by seven and two percentage points, respectively.

Meanwhile, the hiring scene is looking up in other countries, too.

Taiwan's hiring outlook for the second quarter of this year is the most optimistic in the Asia-Pacific region, with the financial/insurance sector showing the strongest willingness to boost its workforce, USA -based human resources advisory firm ManpowerGroup said Tuesday. A survey conducted by ManpowerGroup India (staffing firm), found that Indian companies are the eighth most optimistic lot globally, in terms of hiring intentions for April-June.

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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