Weakest hiring Q2 forecasts reported in Brazil, France and Italy
Hiring confidence is strongest in India, Japan, Taiwan, Colombia and Guatemala for the second quarter, with the weakest hiring forecasts being reported in Brazil, France and Italy. This is according to the latest Manpower Employment Outlook Survey, released by ManpowerGroup.
According to the survey, faced with the slowdown in China and ongoing turmoil in commodity markets, most employers across the globe appear to be taking the measured approach of adding staff only when needed.
Of the more than 58,000 employers interviewed globally, 39 of 42 countries and territories anticipate increasing their staffing levels in Q2 2016. Compared to Q1 2016, hiring prospects strengthen in 8 of 42 countries and territories, and decline in 22. Compared with last year at this time, outlooks improve in 12 countries and territories, weaken in 23 and are unchanged in 7.
Jonas Prising, chairman & CEO of ManpowerGroup, commented, "We believe parts of the global economy - including some countries in Asia and Latin America - will continue to experience softening as the result of demographic and economic influences,"
"Increasing globalization and technological progress are having a transformative impact on societies, companies and workers, and changing the way work gets done. In a labor market increasingly dictated by skills, 'learnability' - the ability to grow and adapt skill sets - is becoming a key determinant of success for both businesses and individuals."