Bright outlook for Florida hiring, ManpowerGroup says

Finally, some good news from India Inc: layoffs on pause

A ManpowerGroup Employment Outlook Survey showed that 37 per cent of employers in both Delta and Richmond plan to hire for 2018's second quarter, between April and June. The national survey of 1,900 employers is two per cent higher than the last quarter and seven per cent higher than the same period previous year.

ManpowerGroup Australia & New Zealand managing director Richard Fischer believes the national NEO of +10% is clear evidence of a strong labour market while noting that there are distinct differences across the country. The weakest hiring plans are reported in Mining, Government Information and Nondurable Goods Manufacturing.

The ManpowerGroup Employment Outlook Survey is conducted quarterly to measure employers' intentions to increase or decrease the number of employees in their workforce during the next quarter. "As businesses in the country look to make smart decisions around their financial investments, take advantage of the economic improvements and invest wisely around environmental factors like the drought, the finance, insurance, real estate and business services sector is gaining momentum", says Van den Barselaar.

The impact of a softer outlook in the Mining & Construction sector can be seen in Queensland where hiring expectations are down three percentage points year-on-year as the state deals with an end to the frenetic pace of apartment building in Brisbane over recent years. Across the United States, one in five employers expect to grow their work force in the next three months, according to the survey. When compared with 1Q 2018, hiring prospects are five percentage points stronger in Gauteng, and improve by two percentage points in KwaZulu-Natal. Elsewhere, medium employers report steady hiring prospects with an outlook of +11%, while outlooks stand at +5% and +3% for small- and micro-size employers, respectively.

On the regional level, 20 percent of Midwest employers expect to hire more workers for the second quarter, the strongest labor market for the region since 2001.

IN employers expect to hire at what ManpowerGroup describes as "a confident pace" in April, May and June, according to survey results released today. In a year-over-year comparison, job gains are expected to improve in 16 of the 25 countries where comparison data is available, decline in six and are unchanged in three. When compared to the same period a year ago, the outlook remains upbeat despite notable declines in hiring expectations in crucial sectors such as Mining & Construction and Manufacturing.

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