Global hiring intentions at their most positive since 2008, says Manpower

Hiring intentions around the world are at their most positive since before the start of the recession that began in late 2008, according to the latest Manpower Employment Outlook Survey.
Tue, 11 Mar 2014 Hiring intentions around the world are at their most positive since before the start of the recession that began in late 2008, according to the latest Manpower Employment Outlook Survey.

The survey of 65,000 hiring mangers found that staffing levels are expected to increase in 38 out of the 42 countries and territories surveyed. This represents the largest proportion of positive hiring plans since the third quarter of 2008.

The extent to which positive hiring intentions are broadly based rather than restricted to a particular country region is evident from the geographical location of countries where sentiment is strongest - India, followed by Taiwan, Turkey and Costa Rica.

On a regional basis, employers in 20 out of 24 EMEA countries say they intend to take on more staff in the next three months, with employers in Ireland and Spain reporting they plan to hire more staff.

Employers in the US plan to increase their staffing levels at a steady pace over the forthcoming months, with intention 2% higher than a year go. Only 4% of US employers say they intend to reduce headcount.  

“US employers are still guarded when it comes to hiring, although the resolution of the debt ceiling issue removes some of the uncertainty,” says Jonas Prising, ManpowerGroup president.

Commenting on the results of the survey, Jeffrey A Joerres, ManpowerGroup chairman and chief executive officer, says: "Employers who have been experiencing significant headwinds for a considerable time are now starting to fell a soft breeze on their backs. Although the improvement is still very cautious and not as robust as we have seen in the past, there are signals that confidence is starting to take hold.”

Jobs prospects in the Asia-Pacific region look good, with the outlook for hiring improving in five of the eight countries and territories in a quarter-over-quarter comparison.

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