Employer Confidence In India Dips To Lowest Since 2005

According to its employment outlook survey for the third quarter, released on Tuesday, South African employers report limited hiring prospects.

In the Milwaukee area, 22 percent of employers plan to increase staff levels during the third quarter, while 2 percent plan to decrease staff levels.

The steepest quarter-on-quarter and year-on-year decline is reported in the center region, where the +10% NEO is 19 percentage points weaker than in the previous quarter and 15 percentage points weaker on the year.

"As Romanian employers once again anticipate steady job gains in the July-September interval, the time is ripe for companies to rethink their people practices and become builders of talent, because finding it on the market is less and less an option", Manpower Romania country manager, Igor Hahn, said.

Prospects for employment will be subdued in the third quarter, ManpowerGroup says.

When compared with this time one year ago, Small- and Medium-size employers both report declines of 7 percentage points, but the Outlook for Large employers is 4 percentage points stronger.

The strongest sector is expected to be that incorporating finance, insurance, real estate and corporate services.

9% of employers said they were anticipating an increase in staff levels, while 7% expected to decrease their staff levels.

Sectorwise, hiring is primarily driven by sectors such as wholesale and retail trade, transportation and utilities and services where employer hiring sentiment appears to be better.

More than 11,000 employers in the USA participate in the ManpowerGroup Employment Outlook Survey.

All regions in the United States reported positive third-quarter hiring plans. It is the most extensive, forward-looking survey of its kind.

Meanwhile, hiring prospects improve in three sectors, most notably by 5 percentage points in the Manufacturing sector. However, employers in micro organizations are cautious, reporting a flat NEO of 0%.

According to the World Bank, protectionism, high policy uncertainty and the possibility of financial markets disruption are some of the cited key risks to the global growth outlook. Japan and Taiwan, with 24%, and Hungary, with 20%, are on top of the chart.

ManpowerGroup's employment outlook survey includes responses from 11,000 U.S. employers.

  • Zachary Reyes