Taiwan hiring outlook highest in Asia-Pacific region in Q2

Cheryl Sanders
March 14, 2018

Teo noted that this is the third consecutive quarter where the public administration and education sector is reporting a strong hiring outlook, explaining: "The growing skills-job mismatch has prompted more people and companies to sign up for courses to enhance their skillsets, especially their digital capabilities".

ManpowerGroup said the net hiring outlook of the engineering/construction sector and the retail/wholesale sector stood at 26 percent, ahead of the transportation/warehousing/communications sector's 21 percent and the leisure/food/hospitality sector's 17 percent. The seasonally adjusted Net Employment Outlook for Q2 2018 is +18 percent, according to the latest ManpowerGroup Employment Outlook Survey of more than 11,500 us employers.


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. Hiring plans weaken in Free State and Western Cape when compared with this time one year ago, with outlooks declining by seven and two percentage points, respectively. The strongest outlooks are reported in Leisure & Hospitality (+28%), Professional & Business Services (+23%), Wholesale & Retail Trade (+23%), and Durable Goods Manufacturing (+19%).

The employment prospects index for the April-June 2018 period has a +16 percent reading, up three percentage points from the previous quarter and seven points from the second quarter of a year ago. Employers in the Mining & Construction sector report a decline of four percentage points year-on-year, as have those in the Manufacturing sector.


Employers in all four regions expect to increase payrolls during the next three months, with strong hiring prospects reported in two regions - north and south, a net employment outlook each of 17%. 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. Across the United States, one in five employers expect to grow their work force in the next three months, according to the survey. "But the current outlook is definitely softer than the positive hiring sentiment expressed over the prior six quarters", Nebojsa Biskup, country manager Manpower Slovenia, is quote saying. Based on seasonally adjusted data, employers in Hungary report the most optimistic hiring plans in the EMEA region.


Of the more than 11,500 USA employers who participated in the survey, 23 percent plan to hire; 3 percent plan to reduce staff; 73 percent expect to maintain current workforce levels; and 1 percent don't know.

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