Hiring activity in the majority of the world’s labor markets is expected to remain relatively stable or improve from three months ago, according to global staffing firm ManpowerGroup‘s recently released second-quarter 2012 Manpower Employment Outlook Survey. These results suggests added stability in an environment where employers continue to struggle with fluctuating demand.
The services sector continues to be the driving force behind the robust forecasts for Brazil and India, while in the Asia Pacific region, demand in the sector is losing some steam. Meanwhile, finance job prospects weaken noticeably across Europe compared to last year at this time, and U.S. data reveals a slow, steady improvement trend. Employers in 32 of 41 countries and territories surveyed report varying degrees of positive hiring activity for 2Q, with those in 37 expecting relatively stable or improved hiring activity compared to the first three months of the year.
“Our research highlights incremental improvements in select geographies, although the improvements still have a large dose of hesitancy and skepticism built in,” said Jeffrey A. Joerres, chairman and CEO of ManpowerGroup. “No doubt, we’re encouraged by the increased stability the numbers reveal this quarter, but uncertainty — caused by the disconnection between events at the macro level and the micro level in Europe — continues to temper the appetite for hiring.”