Select a Country Site
Changing your site will take you to the URL for that ManpowerGroup location.
While recessionary concerns and layoffs continue to make headlines, the latest ManpowerGroup (NYSE: MAN) Employment Outlook Survey of nearly 39,000 employers in 41 countries and territories finds their appetite for hiring continues in the second quarter of 2023. The optimism remains despite organizations struggling to activate their hiring plans with global talent shortages reaching 77%, a 17-year global high.
Hiring intentions remain unchanged from last quarter at +23%, while employers continue to have difficulty finding people with the right skills. Organizations say IT & Data (27%), Engineering (22%), and Sales & Marketing (20%) skills are among the most sought-after technical skills they’re looking for, with Reliability & Self-discipline (29%), Resilience & Adaptability (26%), Critical Thinking & Analysis (26%), Creativity & Originality (26%), and Reasoning & Problem-solving (26%) the top-desired soft skills.
“Despite economic pressures, hiring Outlooks remain resilient and employers across every industry continue to look for in-demand roles," said ManpowerGroup Chairman and CEO Jonas Prising. “At the same time, tight labor markets mean many face challenges finding people who have the soft and technical skills they need. Investment in upskilling, reskilling, and a focus on preparing people for tomorrow’s jobs has never been more important and should be at the top of every business leader's agenda.”
EMPLOYMENT OUTLOOK SURVEY KEY FINDINGS
• Employers around the world continue to anticipate hiring more workers in the second quarter, reporting a seasonally adjusted Net Employment Outlook of +23%, which remains unchanged from Q1.
• Overall, the strongest hiring intentions are among organizations in Panama (+41%), Costa Rica (+38%) and Guatemala (+38%); with employers in Hungary (+2%), Greece (+7%) and Poland (+8%) reporting the least optimistic Outlooks.
• Among the world’s largest economies, the US (+30%), France (+26%), the UK (+21%), and Germany (+19%) all report positive hiring Outlooks in the coming months.
• Regionally, organizations in North America report the strongest hiring intentions (+30%), followed by South and Central Americas (+27%), and Asia Pacific (+27%); while the weakest hiring intentions, although steady, are in Europe, Middle East, and Africa (+18%).
• When compared with the previous quarter, Outlooks improved in 22 countries, with the biggest quarter-over-quarter changes in Europe — particularly in the Czech Republic (+14%), Norway (+10%), and the Netherlands (+10%).
• Employers in IT (+34%), Communication Services (+30%), and Financials & Real Estate (+29%) report the most optimistic hiring Outlooks, with those in Health Care & Life Sciences (+25%), Industrials & Materials (+21%), and Consumer Goods & Services (+18%) reporting the lowest.
Download the report to learn more and visit https://go.manpowergroup.com/meos to explore the data.