'Moderate' spring hiring expected in Cornwall: Manpower

No more empty cubicles

No more empty cubicles

After seasonal adjustments, the net employment outlook for the second quarter of 2018 hit 26 percent, up 1 percentage point from a quarter earlier and also up 3 percentage points from a year earlier, ManpowerGroup said. Expectations in the Wholesale & Retail Trade sector have increased by seven percentage points compared to the same period a year ago, while employers in the Finance, Insurance & Real Estate sector report an increase of four percentage points.

"While the country still faces challenges in terms of repairing years of economic sluggishness, promises of policy certainty and consistency seem to have had a further positive effect on confidence and the strength of the economy thus far". The weakest hiring plans are reported in Mining, Government Information and Nondurable Goods Manufacturing.

Hiring prospects weaken in three of the four regions when compared with the previous quarter.

For more survey results, visit the ManpowerGroup Employment Outlook Survey online. A considerable decline of 14 percentage points is reported in the North, while Outlooks are 5 and 3 percentage points weaker in the South and the West, respectively.

[1] The Net Employment Outlook is calculated by subtracting the percentage of employers anticipating a decrease in hiring activity from the percentage of employers anticipating an increase in employment.

Among the generally positive hiring trends expressed for the Asia-Pacific Region, the country that expressed the most caution was China (+8 percent), where companies have shown only a minor increase in optimism towards hiring over the past three consecutive quarters.

Overall, the report finds that the favourable hiring climate observed in Q1 2018 expected to continue in Q2, with workforce gains anticipated in all seven industry sectors studied. Across the United States, one in five employers expect to grow their work force in the next three months, according to the survey. Strong outlooks for Professional & Business Services (+24%) and Wholesale & Retail Trade (+23%) point to demand-driven growth in line with increased wages. When compared with 1Q 2018, hiring prospects are five percentage points stronger in Gauteng, and improve by two percentage points in KwaZulu-Natal.

Manpower is out with its employment outlook survey today (Tuesday) on hiring intentions for April through June.

ManpowerGroup interviewed 58,000 employers in 43 countries and territories and noted that Croatia, where employers were surveyed for the first time, reported healthy hiring intentions based on unadjusted survey data.

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

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