Manpower predicts positive hiring outlook in 4Q

Freeman Staff

Sept. 12, 2017

MILWAUKEE —Employers are optimistic about their hiring during the fourth quarter, according to a Tuesday report from ManpowerGroup.

The most recent ManpowerGroup Employment Outlook Survey is the first time since 2009 that there is no negative employment outlooks reported by those surveyed. The survey revealed that hiring confidence is strongest in Japan, Taiwan, Costa Rica, India and Hungary.

The survey polled more than 59,000 employers in 43 countries and territories. Of those, hiring has strengthened in 23 countries and territories, is unchanged in seven and declined in 13 when compared to the third quarter of 2017. In addition, confidence levels have strengthened year-on-year in 25 countries and territories.

In the U.S., manufacturing hiring continues on a growth trajectory with employers reporting the most optimistic intentions since 2007, according to the survey.

“We are seeing sustained hiring confidence from employers around the world after some years of caution,” said Jonas Prising, chairman & CEO of ManpowerGroup, in a survey. “Countries including Spain, Italy and Greece are back on track and job prospects across the world are looking up. In the UK, employers in financial services and construction report the strongest outlooks, reinforcing their need for access to talent. Across the world, lower unemployment, strong hiring intentions and demand for increasingly specific skill sets all point to a growing skills mismatch. In this tight labor market organizations need to work harder than ever to reskill existing employees and upskill future talent. It’s time to get smart about how to attract, retain and develop the workforce of tomorrow.”

All 10 countries in the Americas surveyed by ManpowerGroup had positive outlooks with employers in Costa Rica having the most optimistic hiring intentions across the Americas region, while Brazil and Peru reported the weakest outlooks.

In addition, employers across the United States remain positive, with 21 percent planning to hire in the fourth quarter.

To view complete results for the ManpowerGroup Employment Outlook Survey, visit www.manpowergroup.com/meos.