Retail job outlook positive

Modesto Morganelli
Marzo 13, 2018

The seasonally adjusted Net Employment Outlook for Q2 2018 is +18 percent, according to the latest ManpowerGroup Employment Outlook Survey of more than 11,500 us employers.

While none of the employers expect any reduction in payrolls, 16% anticipate an increase in workforce across sectors, the ManpowerGroup Employment Outlook survey - findings of which were shared exclusively with TOI, says.

According to the advisory firm, manpower demand remained solid and enterprises appeared upbeat about their recruitment over the next three months at a time of economic recovery. The weakest hiring plans are reported in Mining, Government Information and Nondurable Goods Manufacturing. While there won't be layoffs, hiring as such will be lower than in previous quarters.

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.

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. Similarly, employers in the Services sector report a decline of three percentage points compared to the same period in 2017.

Both state and national hiring outlook numbers are stronger than the current quarter, when a net of 15 percent of IN employers planned to hire and 19 percent of USA employers expected to add jobs.

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.

Employers in all four regions expect to increase payrolls during the next three months.

The Manpower Group Press release states that " Of Over 59,000 employers surveyed across 44 countries and territories, confidence levels have strengthened year-on-year in 25 countries, weakened in 13, and remained the same in five". Elsewhere, medium employers report steady hiring prospects with an outlook of +11%, while outlooks stand at +5% and +3% for small- and micro-size employers, respectively.

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, US -based human resources advisory firm ManpowerGroup said Tuesday.

With seasonal variations removed from the data, the survey predicts a 14 per cent increase in hiring; a 2 per cent increase compared to the previous quarter, and an increase of 7 per cent from this time a year ago.

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