Taiwan hiring outlook highest in Asia-Pacific region in Q2

  • Taiwan hiring outlook highest in Asia-Pacific region in Q2

Taiwan hiring outlook highest in Asia-Pacific region in Q2

ManpowerGroup's quarterly employment outlook survey (MEOS) suggests that the net employment outlook in Singapore for the second-quarter (Q2) of 2018 is +11%.

According to Manpower, local hiring prospects are positive for these categories: construction, durable goods manufacturing, nondurable goods manufacturing, wholesale and retail trade, information technology, financial activities, education and health services, leisure and hospitality, other services, and government. Meanwhile, the weakest Outlook is reported by Manufacturing sector employers, standing at +9%.

Hiring prospects weaken in three of the four regions when compared with the previous quarter.

Their new forecast is the strongest reported since 2011.

Nationwide, employers in all 13 industry sectors expect to add staff in Q2 2018.

Employers in all four regions expect to increase payrolls during the next three months.

Across the Europe, Middle East & Africa (EMEA) region, workforce gains are planned in 25 of 26 countries.

The survey found 26 percent of IN respondents plan to increase staff; 3 percent plan to decrease; and 71 percent expect to maintain current workforce levels.

This takes into account that of the 695 employers in Singapore surveyed, 16% of them plan to increase staffing levels in Q2 2018, 5% forecast a decrease, while 72% anticipate no change in hiring plans. When compared to the same period previous year, the outlook remains upbeat despite notable declines in hiring expectations in crucial sectors such as Mining & Construction and Manufacturing. However, Gauteng employers report an improvement of six percentage points, while outlooks for Eastern Cape and KwaZulu-Natal remain relatively stable.

The latest data paints a picture of significant differences in hiring expectations across the country, both on a sector-by-sector basis and when compared regionally.

"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. A survey conducted by ManpowerGroup India (staffing firm), found that Indian companies are the eighth most optimistic lot globally, in terms of hiring intentions for April-June.

Taiwan's hiring outlook for the second quarter of this year is the most optimistic in the Asia-Pacific region, with the financial/insurance sector showing the strongest willingness to boost its workforce, USA -based human resources advisory firm ManpowerGroup said Tuesday. 59,000 public and private employers across 44 countries and territories are interviewed to measure anticipated employment trends each quarter.