Manpower releases hiring outlook for the second quarter


Indian employers are the fourth most optimistic globally about hiring plans for the next three months but opportunities for job seekers are likely to be fewer than previous year, according to the findings of a survey.

"Survey data reveals that six per cent of employers plan to hire for the upcoming quarter (April to June), while zero per cent anticipate cutbacks", Stepan Arman, of Manpower's Winnipeg office, said Tuesday.

"The hiring outlook will move at a slow but steady pace as Indian companies gauge the impact of the ongoing global slowdown compounded by automation in the IT sector and talent scarcity for niche skills", says AG Rao, group managing director of ManpowerGroup India.

The survey found a seasonally adjusted net employment outlook-those companies that anticipate increases minus those planning to decrease staff-of 15% in Vancouver.

A Wisconsin hiring survey predicts an uptick in hiring for Wisconsin.

India's Net Employment Outlook has now dipped by varying margins for five consecutive quarters.

Large businesses, employing 250 or more people, were most enthusiastic about hiring prospects, while small employers, who typically hire 10-49 people, reflect the most cautious outlook on employment.

Manpower highlighted construction, nondurable goods manufacturing, transportation and utilities, financial activities, professional and business services, education and health services and leisure and hospitality as industries with the best job prospects in the metro area.

That's unchanged from a year ago but is down 3% from the first quarter of 2017. Healthy hiring activity is also forecast by employers in the public administration, education sector and the wholesale and retail trade sector.

"Hiring sentiment is moderate, as the market remains clouded in uncertainty with the election of Mr Trump as United States president and the US's withdrawal from the Trans-Pacific Partnership", said Linda Teo, ManpowerGroup Singapore's country manager. Sharp declines of 27 and 24 percentage points are reported in the Manufacturing sector and the mining and construction sector, respectively, while the Outlook for the Transportation & Utilities sector is 21 percentage points weaker.

Nationally, the net employment outlook was at 19 percent, up from 13 percent in the first quarter and 18 percent past year.