Professional Documents
Culture Documents
Employment
Outlook Survey
India
Q2
2018
The ManpowerGroup India Employment Outlook
Employment Outlook Net Employment Seasonally
Increase Decrease No Change Don’t Know
Survey for the second quarter % % % %
Outlook
%
Adjusted
%
current quarter?” Indian employers report respectable hiring intentions Once the data is adjusted to allow for seasonal
for the coming quarter. While 16% of employers expect variation, the Outlook also stands at +16%. Hiring plans
to increase staffing levels, 0% forecast a decrease and decline by 5 percentage points when compared with
Employment
63% anticipate no change, resulting in a Net the previous quarter, and are 2 percentage points
Employment Outlook of +16%. weaker in comparison with the second quarter of 2017.
Outlook
Contents
Contents
60
50
40
30
20
10
-10
-20
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Graph displays Seasonally Adjusted Data
Net Employment Outlook Seasonally Adjusted Outlook Net Employment Outlook Seasonally Adjusted Outlook
90 90
80 80
70 70
60 60
50 50
40 40
30 30
20 20
10 10
0 0
-10 -10
-20 -20
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
No bar indicates Net Employment Outlook of zero No bar indicates Net Employment Outlook of zero
Net Employment Outlook Seasonally Adjusted Outlook Net Employment Outlook Seasonally Adjusted Outlook
90 90
80 80
70 70
60 60
50 50
40 40
30 30
20 20
10 10
0 0
-10 -10
-20 -20
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
No bar indicates Net Employment Outlook of zero No bar indicates Net Employment Outlook of zero
Employers expect to increase staffing levels in all seven Mining & Construction sector, the Services sector and the The respectable hiring pace is forecast to continue in 2Q 2018, with employers reporting a Net
industry sectors during the upcoming quarter. The Transportation & Utilities sector. However, Wholesale & Employment Outlook of +15% for the second consecutive quarter. Hiring prospects are 3
strongest labor market is anticipated by Wholesale & Retail Trade sector employers report a slight improvement percentage points stronger when compared with this time one year ago.
Retail Trade sector employers with a Net Employment of 3 percentage points.
Outlook of +21%. Elsewhere, Services sector
employers report upbeat hiring plans with an Outlook When compared with the second quarter of 2017, Net Employment Outlook Seasonally Adjusted Outlook
90
of +20%, while Outlooks stand at +15% and +12% in employers report weaker hiring intentions in four of the
the Finance, Insurance & Real Estate sector and the seven industry sectors. A considerable decline of 11 80
Transportation & Utilities sector, respectively. Meanwhile, percentage points is reported in the Public Administration 70
the weakest Outlook is reported by Manufacturing & Education sector, while Outlooks decrease by 7 and 4 60
sector employers, standing at +9%. percentage points in the Manufacturing sector and the
50
Mining & Construction sector, respectively. Meanwhile,
Hiring plans weaken in five of the seven industry Finance, Insurance & Real Estate sector employers 40
sectors when compared with the previous quarter. report a slight improvement of 3 percentage points. 30
Manufacturing sector employers report a considerable
20
decrease of 9 percentage points, while the Outlook for
the Public Administration & Education sector declines 10
by 8 percentage points. Elsewhere, hiring intentions 0
are 6 percentage points weaker in three sectors – the
-10
-20
Net Employment Outlook Seasonally Adjusted Outlook 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
No bar indicates Net Employment Outlook of zero
Finance, Insurance 16
& Real Estate 15
12
Manufacturing
9
Net Employment Outlook Seasonally Adjusted Outlook Net Employment Outlook Seasonally Adjusted Outlook
90 90
80 80
70 70
60 60
50 50
40 40
30 30
20 20
10 10
0 0
-10 -10
-20 -20
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
No bar indicates Net Employment Outlook of zero No bar indicates Net Employment Outlook of zero
Net Employment Outlook Seasonally Adjusted Outlook Net Employment Outlook Seasonally Adjusted Outlook
90
80
70
60
50
40
30
20
10
0
-10
-20
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
No bar indicates Net Employment Outlook of zero No bar indicates Net Employment Outlook of zero
% -15 -10 -5 0 5 10 15 20 25 30 35 40 45
Net Employment Outlook Seasonally Adjusted Outlook Americas
90 Croatia +29%*
Argentina 7 (6)1 -2 (-1)1 1 (1)1
Taiwan +26%
80 Brazil 10 (8)1 5 (2)1 10 (11)1
Japan +24%
70 Canada 17 (14)1 9 (2)1 7 (7)1
Hungary +18%
Colombia 8 (6)1 3 (-2)1 -6 (-6)1
60 United States +18%
Costa Rica 10 (8)1 -10 (-9)1 -2 (-4)1
50 Guatemala 11 (10) 1
0 (0)1 -3 (-3)1 Greece +16%
40 Mexico 14 (12)1 4 (0)1 0 (0)1 Hong Kong +16%
Panama 6 (5) 1
0 (-1) 1
0 (-1) 1
India +16%
30
Peru 11 (10)1 0 (-2)1 -2 (-2)1 Turkey +16%
20 United States 4 (-1)1 1 (1)1
20 (18)1 Canada +14%
10 Portugal +14%*
0 Asia Pacific Bulgaria +12%
Australia 11 (10)1 -2 (-3)1 0 (0)1
-10 Mexico +12%
China 8 (8)1 0 (0)1 4 (4)1
Slovakia +12%
-20 Hong Kong 16 (16)1 0 (0)1 2 (2)1
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 New Zealand +11%
India 16 (16)1 -5 (-5)1 -2 (-2)1
No bar indicates Net Employment Outlook of zero Poland +11%
Japan 30 (24)1 7 (0)1 0 (1)1
1 1 Singapore +11%
New Zealand 11 (11) 1
-5 (-4) -3 (-3)
Singapore 11 (11)1 2 (1)1 3 (3)1 Australia +10%
Taiwan 27 (26)1 5 (1)1 3 (3)1 Finland +10%
Guatemala +10%
EMEA† Peru +10%
Austria 8 (6)1 11 (6)1 1 (1)1 Romania +10%
Belgium 4 (3) 1
2 (0) 1
3 (3) 1
Netherlands +9%
Bulgaria 15 (12)1 6 (0)1 -5 (-1)1 Slovenia +9%
Croatia 29 – – Brazil +8%
Czech Republic 2 (1)1 -1 (-3)1 -4 (-5)1 China +8%
Finland 16 (10)1 12 (2)1 7 (6)1 Costa Rica +8%
France 4 (4)1 3 (2)1 3 (2)1 Germany +8%
Germany 10 (8)1 7 (2)1 4 (2)1 Israel +8%
1
Greece 21 (16) 1
14 (3) 7 (7)1 +8%
Norway
Hungary 21 (18)1 10 (5)1 1 (1)1
South Africa +8%
Ireland 7 (6)1 4 (1)1 0 (0)1
Argentina +6%
Israel 10 (8)1 1 (-3)1 0 (0)1
1
Austria +6%
Italy 1 (-1) 1
2 (-1) 1 (0)1
Colombia +6%
Netherlands 10 (9)1 6 (5)1 5 (5)1
1 1 Ireland +6%
Norway 9 (8) 1
1 (0) 2 (2)
Poland 15 (11)1 8 (0)1 2 (1)1 United Kingdom +6%
Portugal 14 1 4 Panama +5%
Romania 16 (10)1 6 (-5)1 -9 (-8)1 France +4%
Slovakia 12 (12)1 3 (1)1 2 (2)1 Belgium +3%
Slovenia 15 (9)1 2 (-6)1 -12 (-12)1 Spain +2%
South Africa 9 (8)1 2 (2)1 2 (2)1 Sweden +2%
Spain 4 (2)1 1 (-3)1 -3 (-3)1
Czech Republic +1%
Sweden 3 (2)1 -1 (-3)1 -1 (-1)1 +1%
Switzerland
Switzerland 4 (1)1 3 (-2)1 1 (1)1
Italy -1%
Turkey 23 (16)1 17 (3)1 9 (5)1
-15 -10 -5 0 5 10 15 20 25 30 35 40 45
UK 6 (6)1 2 (1)1 1 (1)1
†EMEA – Europe, Middle East and Africa.
* Indicates unadjusted data.
1. Number in parentheses is the Net Employment Outlook when adjusted to remove the impact of seasonal variations in hiring activity.
Please note that this data is not available for all countries as a minimum of 17 quarters worth of data is required.
year-over-year comparison, job gains are expected to ** Croatia participates in the survey for the first time this quarter
improve in 16 of the 25 countries where comparison and has no quarter-over-quarter or year-over-year trend data at
this point.
data is available, decline in six and are unchanged in
three. Based on seasonally adjusted data, employers
Over 23,000 employers from 10 countries across More modest hiring intentions are reported across 50
North, Central and South America were interviewed Central America. Opportunities for job seekers in 40
to gain insight into expected second-quarter hiring Guatemala are expected to remain favorable, particularly 30
activity. Employers report positive forecasts in each in the Construction sector where employers report their 20
of the 10 countries. However, hiring intentions differ strongest hiring plans since Quarter 3 2014. Meanwhile, 10
markedly across the region. Costa Rica’s Outlook weakens considerably from three 0
months ago, but employers still anticipate some job gains -10
Employers in the United States report the region’s across all industry sectors. The region’s most conservative -20
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
most optimistic second-quarter hiring plans, and the Outlook is reported in Panama where hiring intentions No bar indicates Net Employment Outlook of zero
forecast is relatively stable in comparison to three remain positive across all sectors but are depressed by
months ago and last year at this time. Once again, the weakest Transport & Communication forecast
job gains are expected in all industry sectors and reported since the survey started in Quarter 2 2010.
Brazil +10 (+8)%
Net Employment Outlook Seasonally Adjusted Outlook
regions, and the most active hiring pace is expected 60
in the Leisure & Hospitality sector. Strong payroll Outlooks are mixed in South America, but job seekers 50
growth is also forecast in the Professional & Business are still expected to find varying levels of opportunity in 40
Services and Wholesale & Retail Trade sectors. all countries. Employer confidence softens in Peru in 30
comparison to the prior quarter and last year at this 20
Opportunities for job seekers are also expected to time, with the most second-quarter job gains expected 10
grow in Canada where employer confidence is the in the Finance, Insurance & Real Estate sector. 0
strongest reported since Quarter 4 2011. Outlooks Colombia’s forecast also declines in both quarter-over- -10
are positive across all industry sectors and regions, quarter and year-over-year comparisons, but employers -20
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
with one of every five employers surveyed planning to continue to anticipate payroll gains, particularly in the Brazil joined the survey in Q4 2009 No bar indicates Net Employment Outlook of zero
add to their workforces during the April-to-June Construction sector where nearly three of every 10
quarter. Employers in the Public Administration sector employers plan second-quarter hiring. Argentina’s
and in Quebec report the strongest hiring plans. forecast remains modest, but employers report positive Canada +17 (+14)%
hiring intentions in each of the nine industry sectors. Net Employment Outlook Seasonally Adjusted Outlook
60
Mexican employers continue to forecast steady job Meanwhile, employer confidence in Brazil continues to 50
gains in the months ahead with staffing level increases gain traction; hiring plans have steadily improved for five 40
projected in all industry sectors and regions. consecutive quarters, and the forecast is now stronger 30
Employers in the Transport & Communication sector than at any point since Quarter 4 2014 20
expect the strongest job gains, and the sector’s 10
forecast is moderately stronger in both quarter-over- 0
quarter and year-over-year comparisons. -10
-20
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
No bar indicates Net Employment Outlook of zero
Colombia +8 (+6)%
Net Employment Outlook Seasonally Adjusted Outlook
60
50
40
30
20
10
0
-10
-20
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Colombia joined the survey in Q4 2008 No bar indicates Net Employment Outlook of zero
Panama +6 (+5)%
Net Employment Outlook Seasonally Adjusted Outlook
60
50
40
30
20
10
0
-10
-20
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Panama joined the survey in Q2 2010 No bar indicates Net Employment Outlook of zero
50 50
40 40
30 30
20 20
10 10
0 0
-10 -10
-20 -20
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
No bar indicates Net Employment Outlook of zero Romania joined the survey in Q2 2008 No bar indicates Net Employment Outlook of zero
Slovakia (+6)%
+12 (+12)%
Norway +9 (+8)%
Net Employment Outlook Seasonally Adjusted Outlook Net Employment Outlook Seasonally Adjusted Outlook
60 60
50 50
40 40
30 30
20 20
10 10
0 0
-10 -10
-20 -20
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
No bar indicates Net Employment Outlook of zero Slovakia joined the survey in Q4 2011 No bar indicates Net Employment Outlook of zero
Sweden +3 (+2)%
Net Employment Outlook Seasonally Adjusted Outlook
60
50
40
30
20
10
0
-10
-20
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
No bar indicates Net Employment Outlook of zero
Switzerland +4 (+1)%
Net Employment Outlook Seasonally Adjusted Outlook
60
50
40
30
20
10
0
-10
-20
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
No bar indicates Net Employment Outlook of zero
Methodology
The ManpowerGroup Employment Outlook Survey is
conducted using a validated methodology, in
accordance with the highest standards in market
research. The survey has been structured to be
representative of each national economy. The margin
of error for all national, regional and global data is not
greater than +/- 3.9%.