Taiwan hiring outlook highest in Asia-Pacific region in Q2
Mar 13 2018 by Johnny Bowman
"While Canada experienced a net loss of jobs in January, prospects for the upcoming quarter remain strong, led by exceptionally strong growth in Quebec where employers are hiring across multiple sectors". According to ManpowerGroup, it's the highest national number since 2011.
Yet most economists say the job market remains challenging for applicants lacking technology and other specialized skills necessary to land advanced manufacturing jobs.
Across the Europe, Middle East & Africa (EMEA) region, workforce gains are planned in 25 of 26 countries. Employers in the South and the West report relatively stable hiring intentions when compared with the second quarter of 2017.
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The strong national result is unchanged when compared to the same period a year ago, but declines by three percentage points quarter-on-quarter.
The Transportation and Utilities sector (+21 percent) shows a decline over the previous quarter, but is still 7 percent higher than the outlook for 2Q, 2017. An increase in staffing levels is anticipated across all industry sectors and seven of eight regions during Q2 2018. However, employers in the East report an improvement of 8 percentage points. "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 most noteworthy increase of 15 percentage points is reported in the manufacturing sector.
"North Carolina's current rate (of 4.5 percent) is still well below the 5.2 percent rate reported one year ago, and the number of people employed grew by more than 63,000 over the course of the year", said Mitch Kokai, policy analyst with conservative think tank John Locke Foundation. 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. Based on seasonally adjusted data, employers in Hungary report the most optimistic hiring plans in the EMEA region. ManpowerGroup interviewed over 59,000 employers globally and found that the job markets are upbeat in Taiwan, Japan, Hungary, and the United States, while Italy, the Czech Republic, and Switzerland presented weak outlooks. When forecasts are compared with those reported in the first-quarter, hiring intentions improve in 17 countries and territories, decline in 17 and are unchanged in nine. "Most notable is the easing employment outlook for the Mining & Construction sector and the Manufacturing sector, while hiring intentions have picked up in the formerly subdued Wholesale & Retail Trade sector".