Milwaukee area hiring outlook improves for second quarter

In the northern part of the country (including the business hub of Oulu), companies predict there is a greater chance that they will have to resort to redundancies than be able to hire more employees.

Of the 700 Singapore employers polled in the latest ManpowerGroup Employment Outlook Survey, 13% of employers forecast an increase in staffing levels, 5% anticipate a decrease and 81% are not expecting any changes.

"With seasonal variations removed from the data, London's second-quarter net employment outlook of seven per cent is a three percentage point decrease when compared to the previous quarterly outlook", said Nikki Sharpley of Manpower's London office in a media release. This is the same for the first quarter, suggesting that hiring intentions in the second quarter are likely to stay relatively stable quarter on quarter.

Five of the ten industry sectors report stronger hiring prospects when compared with the previous quarter.

"I think you see when looking for a job, the positive sign is that employers remain confident, and the confidence that we saw coming out of the last quarter of 2016 continues into 2017, " Layden said. AG Rao, Group Managing Director of ManpowerGroup India said, "The hiring outlook will move at a slow but steady pace as the Indian companies gauge the impact of the ongoing global slowdown compounded by automation in the IT sector and talent scarcity for niche skills". "Furthermore, intense pressure from online retailers and lacklustre consumer sentiment has resulted in the second consecutive quarter of negative outlooks for the wholesale trade & retail trade sector".

Large companies, defined as those with more than 250 employees, and medium companies (50-249 employees) have net employment outlooks of 21% and 10%, respectively. The recent and most high-profile example of this phenomenon was India's online marketplace Snapdeal, which was reported to have laid off as many as 600 employees in February 2017.

Across Asia Pacific, hiring intentions will vary widely.

However, most employers - 77 per cent - plan to maintain their current staffing levels.

- Surrey: 10%, up four percentage points. The public administration & education sector plans to increase employment by 11 percentage points and transportation & utilities by eight percentage points.

  • Rogelio Becker