Manpowergroup Employment Outlook Survey Canada · ManpowerGroup Employment Outlook Survey 1 SMART...

SMART JOB NO: 16906 QUARTER 2 2018

CLIENT: MANPOWER

SUBJECT: MEOS Q218 – CANADA – FOUR COLOUR – US LETTER SIZE

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DOC NAME: 16906_CANADAENgLISh_4COL_Q218 PAgE: 1

ARTWORK SIZE: 279.4mm x 215.9mm DATE: 27.02.18

87 ChARTERhOUSE STREET • LONDON EC1M 6hJ • TEL +44 (0)20 7553 4744

Manpowergroup Employment Outlook SurveyCanada

Q2 2018


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The ManpowerGroup Employment Outlook Survey for the second quarter 2018 was conducted by interviewing a representative sample of 1,936 employers in Canada.

All survey participants were asked, “How do you anticipate total employment at your location to change in the three months to the end of June 2018 as compared to the current quarter?”

Contents

Canadian Employment Outlook 1Organization-Size ComparisonsRegional Comparisons Sector Comparisons

global Employment Outlook 13International Comparisons – AmericasInternational Comparisons – Asia PacificInternational Comparisons – EMEA

About the Survey 30

About Manpowergroup® 31Can

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ManpowerGroup Employment Outlook Survey 1


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Increase Decrease No Change Don’t Know Net EmploymentOutlook

SeasonallyAdjusted

% % % % % %

2nd Quarter 2017

3rd Quarter 2017

4th Quarter 2017

1st Quarter 2018

2nd Quarter 2018

13 3 82 2 10 7

17 4 78 1 13 8

12 6 80 2 6 10

16 8 74 2 8 12

20 3 74 3 17 14

’91 ’92 ’93 ’94 ’95 ’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12 ’13 ’14 ’15 ’16 ’17 ’18

Seasonally Adjusted OutlookSeasonally Adjusted OutlookNet Employment OutlookNet Employment Outlook

No bar indicates Net Employment Outlook of zero

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Canadian Employment Outlook

Canadian employers report upbeat hiring plans for the second quarter of 2018. With 20% of employers anticipating an increase in staffing levels, 3% forecasting a decrease and 74% expecting no change, the resulting Net Employment Outlook is +17%.

Once the data is adjusted to allow for seasonal variation, the Outlook stands at +14%, and is the strongest reported in more than six years. Hiring prospects are 2 percentage points stronger when compared with the previous quarter, and improve by 7 percentage points when compared with this time one year ago.

Throughout this report, we use the term “Net Employment Outlook.” This figure is derived by taking the percentage of employers anticipating total employment to increase and subtracting from this the percentage expecting to see a decrease in employment at their location in the next quarter. The result of this calculation is the Net Employment Outlook.

From this point forward, all data discussed in the commentary is seasonally adjusted, unless stated otherwise.

2 ManpowerGroup Employment Outlook Survey


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Participating employers are categorized into one of four organization sizes: Micro businesses have less than 10 employees; Small businesses have 10-49 employees; Medium businesses have 50-249 employees; and Large businesses have 250 or more employees.

Employers anticipate payroll gains in all four organization size categories during the next three months. The strongest hiring prospects are reported by Large employers who report an optimistic Net Employment Outlook of +29%. Steady job gains are forecast by Medium employers with an Outlook of +18%, while Outlooks stand at +11% and +6% for Small- and Micro-size employers, respectively.

Organization-Size ComparisonsWhen compared with the first quarter of 2018, hiring plans strengthen slightly for Small- and Medium-size employers, improving by 2 percentage points, but Large employers report a decline of 5 percentage points. Elsewhere, the Outlook for Micro employers remains relatively stable.

In comparison with this time one year ago, hiring prospects improve in all four organization size categories. Medium employers report a considerable increase of 10 percentage points, and the Outlook for Large employers is 8 percentage points stronger. Outlooks increase by 5 and 4 for Small- and Micro-size employers, respectively.

IncreaseOrganization-Size Decrease No Change Don’t Know Net EmploymentOutlook

SeasonallyAdjusted

% % % % % %

Large-Size 250 or more

Medium-Size 50-249

Small-Size 10-49

Micro-Size less than 10

37 3 56 4 34 29

25 4 69 2 21 18

17 3 77 3 14 11

9 1 89 1 8 6

Micro-Size less than 10Micro-Size less than 10

Graph displays Seasonally Adjusted DataGraph displays Seasonally Adjusted Data

Small-Size 10-49Small-Size 10-49 Medium-Size 50-249Medium-Size 50-249 Large-Size 250 or moreLarge-Size 250 or more

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018-10

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Regional ComparisonsAtlantic Canada

Employers anticipate the strongest labour market in more than two years during the upcoming quarter. The Net Employment Outlook stands at +15%, improving considerably both quarter-over-quarter and year-over-year, by 9 and 15 percentage points respectively.

Staffing levels are forecast to increase in nine of the 10 industry sectors during the April-June period. Manufacturing – Durables sector employers report the strongest hiring prospects with a healthy Net Employment Outlook of +23%. A steady increase in payrolls is anticipated in the Services sector, with an Outlook of +20%, and in the Transportation & Public Utilities sector where employers report an Outlook of +19%. Finance, Insurance & Real Estate sector employers anticipate a positive hiring pace, reporting an Outlook of +17%, and the Outlook of +15% reported for the Manufacturing – Non-Durables sector is the strongest in more than three years. Employers also anticipate respectable job gains in the Public Administration sector and the Wholesale & Retail Trade sector, with Outlooks of +14% and +11%, respectively. Meanwhile, Mining sector employers forecast a decline in staffing levels with an Outlook of -3%.

When compared with the previous quarter, Outlooks strengthen in six of the 10 industry sectors. Manufacturing – Non-Durables sector employers report a sharp improvement of 26 percentage points, and the Outlook for the Manufacturing – Durables sector is 23 percentage points stronger. Elsewhere, Outlooks improve by 11 percentage points in the Services sector, and by 10 percentage points in the Education sector. However, hiring plans weaken in four sectors, most notably by 13 and 6 percentage points in the Mining sector and the Transportation & Public Utilities sector, respectively.

Hiring prospects improve in nine of the 10 industry sectors when compared with the second quarter of 2017. The Outlook reported in the Manufacturing – Non-Durables sector is 26 percentage points stronger, while Transportation & Public Utilities sector employers report an improvement of 24 percentage points. Considerable increases are reported in the Finance, Insurance & Real Estate sector, improving by 19 percentage points, and both the Manufacturing – Durables sector and the Services sector, where Outlooks are 18 percentage points stronger. Meanwhile, Mining sector employers report no year-over-year change.

Employers in all seven areas expect to grow staffing levels in Quarter 2 2018. The strongest Outlooks are reported in Charlottetown and Moncton, standing at +27% and +25%, respectively, while Halifax employers also anticipate healthy job gains with an Outlook of +23%. Meanwhile, the weakest hiring intentions are reported in Saint John, where the Outlook is +3%.

When compared with Quarter 1 2018, hiring intentions strengthen in five areas. Charlottetown employers report a sharp increase of 34 percentage points, while the Outlook for St. John’s is 19 percentage points stronger. Elsewhere, the Outlook for Cape Breton Area is unchanged, while Fredericton employers report a decline of 8 percentage points.

Hiring prospects strengthen in six areas when compared with this time one year ago. A steep improvement of 33 percentage points is reported in Moncton, while Outlooks are 23 and 19 percentage points stronger in St. John’s and Charlottetown, respectively. However, Saint John employers report a slight decline of 3 percentage points.

+22 (+15)%

Net EmploymentOutlook

SeasonallyAdjustedIncrease Decrease No Change Don’t Know

% % % %%%

ConstructionAll Industries

EducationFinance, Insurance & Real EstateManufacturing – Durables Manufacturing – Non-Durables MiningPublic Administration ServicesTransportation & Public Utilities Wholesale & Retail Trade

20 5 75 150 523 1 73 223 15

7 0 93 7 7013 0 81 6 13 1725 0 75 0 25 2333 7 60 0 152610 10 80 0 -3014 0 86 14 14032 0 65 3 32 2017 0 78 5 17 1924 0 74 2 24 11



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+16 (+12)%



% % % %%%



23 2 75 210 919 3 75 163 12

8 0 88 8 7416 3 71 10 13 1327 4 66 3 23 2017 3 77 3 121419 2 78 1 81735 2 60 33 24317 0 81 2 17 1323 0 70 7 23 1615 7 74 4 8 7

Ontario

Job seekers can expect the strongest hiring pace in more than six years during the next three months, according to employers who report a Net Employment Outlook of +12%. Hiring intentions remain relatively stable when compared with the previous quarter, and improve by 2 percentage points when compared with this time one year ago.

Employers in all 10 industry sectors anticipate an increase in payrolls for the April-June time frame. Public Administration sector employers report the strongest hiring intentions with a Net Employment Outlook of +24% – the most optimistic forecast reported for the sector in four years. An upbeat hiring pace is expected by Manufacturing – Durables sector employers, who report an Outlook of +20%, while the Outlook for the Transportation & Public Utilities sector stands at +16%. In the Services sector, employers report the strongest hiring plans for more than five years with an Outlook of +13%, and the Outlook for the Finance, Insurance & Real Estate sector is also +13%. Manufacturing – Non-Durables sector employers report steady hiring intentions with an Outlook of +12%, and Construction sector employers anticipate some hiring opportunities, reporting an Outlook of +9%.

When compared with the previous quarter, hiring prospects strengthen in six of the 10 industry sectors, most notably by 4 percentage points in the Construction sector, the Manufacturing – Non-Durables sector, the Mining sector and the Public Administration sector. However, Outlooks decline in two sectors, including the Finance, Insurance & Real Estate sector, where employers report a considerable decrease of 13 percentage points.

Hiring plans improve in eight of the 10 industry sectors when compared with this time one year ago. Considerable increases of 11 and 10 percentage points are reported for the Public Administration sector and the Transportation & Public Utilities sector, respectively. Elsewhere, Manufacturing – Durables sector employers report an improvement of 9 percentage points, and Outlooks are 7 percentage points stronger in both the Manufacturing – Non-Durables sector and the Services sector. Meanwhile, hiring prospects weaken in two sectors, most notably by 6 percentage points in the Wholesale & Retail Trade sector.

Staffing levels are expected to increase in 22 of the 24 areas during the April-June period. The strongest labour market is forecast in Kitchener/Cambridge Area, where the Outlook stands at +25%. Hamilton employers also report healthy hiring plans with an Outlook of +22%, while upbeat Outlooks of +20% are reported in both Mississauga and York Region. Positive hiring prospects are also reflected in Outlooks of +19% for Brantford and London. Meanwhile, Fort Erie employers anticipate a flat labour market with an Outlook of 0%, while the Outlook for Niagara Falls stands at -6%.

In a comparison with Quarter 1 2018, hiring plans improve in 14 areas, most notably by 12 percentage points in Barrie. Elsewhere, Outlooks are 9 percentage points stronger in both Peterborough and St. Catharines, while the York Region Outlook improves by 7 percentage points. However, hiring intentions weaken in nine areas, with noteworthy declines of 16 percentage points in Welland/Port Colborne, and 13 percentage points in Niagara Falls.

Year-over-year, employers in 17 areas report stronger hiring intentions. The Outlook for Brantford improves by 20 percentage points, while an increase of 13 percentage points is reported in Durham Region. Hiring prospects are 12 percentage points stronger in three areas – Hamilton, London and Peterborough. Meanwhile, Outlooks weaken in four areas, most notably by 11 and 10 percentage points in Niagara Falls and Burlington/Oakville, respectively.



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Quebec

Reporting a Net Employment Outlook for Quarter 2 2018 of +20%, employers forecast the strongest labour market since the regional analysis began 14 years ago. The Outlook is 2 percentage points stronger when compared with the first quarter of 2018, and improves by a considerable margin of 14 percentage points year-over-year.

Employers in all 10 industry sectors expect to increase staffing levels during the second quarter of 2018. In two sectors – the Manufacturing – Durables sector and the Services sector – employers report the strongest hiring intentions since the regional sector analysis began more than 14 years ago, reporting Net Employment Outlooks of +39% and +33%, respectively. Robust payroll gains are also anticipated in the Finance, Insurance & Real Estate sector, where the Outlook is +35%, and in the Public Administration sector, with an Outlook of +32%. Elsewhere, Mining sector employers report an Outlook of +17% – the strongest in more than five years – while the Outlook of +16% reported in the Education sector is the strongest in three years. Steady workforce gains are also forecast for the Manufacturing – Non-Durables sector and the Wholesale & Retail Trade sector, with Outlooks of +13% and +11%, respectively.

Hiring prospects weaken in six of the 10 industry sectors when compared with the previous quarter. The most noteworthy declines of 10 and 8 percentage points are reported for the Transportation & Public Utilities sector and the Wholesale & Retail Trade sector, respectively, while Public Administration sector employers report a decrease of 6 percentage points. Meanwhile, hiring plans improve in four sectors, most notably by 22 percentage points in the Services sector and by 17 percentage points in the Manufacturing – Durables sector.

Employers in all 10 industry sectors report stronger hiring intentions when compared with this time one year ago. The Outlook for the Services sector improves sharply, increasing by 32 percentage points. Steep improvements of 25 and 24 percentage points are reported in the Finance, Insurance & Real Estate sector and the Education sector, respectively, while the Outlook for the Manufacturing – Non-Durables sector is 21 percentage points stronger. Elsewhere, hiring prospects improve by 17 percentage points in both the Manufacturing – Durables sector and the Mining sector.

Payrolls are forecast to grow in all five areas during the next three months. Monteregie (formerly Granby) employers report booming hiring prospects with an Outlook of +42%, and upbeat hiring activity is anticipated in both Montreal and Cantons de L’Est (formerly Sherbrooke), with Outlooks of +20%. Meanwhile, steady workforce gains are expected in Laval, with an Outlook of +17%, and Quebec City, where the Outlook stands at +15%.

In comparison with Quarter 1 2018, hiring plans improve in four of the five areas, most notably by 16 percentage points in Cantons de L’Est (formerly Sherbrooke), and by 11 percentage points in Monteregie (formerly Granby). However, Quebec City employers report a decline of 12 percentage points.

Hiring intentions strengthen in all five areas when compared with this time one year ago. A sharp increase of 42 percentage points is reported in Monteregie (formerly Granby), while Outlooks are 17 and 16 percentage points stronger in Cantons de L’Est (formerly Sherbrooke) and Laval, respectively. Montreal employers report an increase of 14 percentage points, and the Outlook for Quebec City improves by 9 percentage points.

+24 (+20)%



% % % %%%



18 5 77 130 627 3 69 241 20

24 0 76 24 16050 8 42 0 42 3539 0 61 0 39 3928 7 65 0 132129 4 63 4 172531 0 69 31 32036 0 61 3 36 336 0 94 0 6 717 5 78 0 12 11



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% % % %%%



35 7 58 280 1518 4 76 142 11

8 5 86 3 8113 0 87 0 13 1213 5 82 0 8 818 3 74 5 131519 6 73 2 191320 3 73 17 15417 2 78 3 15 1123 5 70 2 18 1716 3 80 1 13 12

+14 (+11)% Western Canada

The respectable hiring pace is forecast to continue in the second quarter of 2018, with employers reporting a Net Employment Outlook of +11% for the fourth consecutive quarter. Hiring prospects are relatively stable when compared with this time one year ago.

Job seekers in all 10 industry sectors can expect positive hiring opportunities in the second quarter of 2018, according to employers. The strongest labour market is anticipated by Mining sector employers, reporting the strongest hiring plans in more than four years with a Net Employment Outlook of +19%. Transportation & Public Utilities sector employers forecast steady payroll gains, reporting an Outlook of +17%, while Outlooks stand at +15% in both the Construction sector and the Public Administration sector. In the Manufacturing – Non-Durables sector, employers report respectable hiring plans with an Outlook of +13%, and Outlooks of +12% are reported for both the Finance, Insurance & Real Estate sector and the Wholesale & Retail Trade sector.

Hiring intentions weaken in five of the 10 industry sectors when compared with the previous quarter. A considerable decline of 17 percentage points is reported for the Transportation & Public Utilities sector. Elsewhere, Outlooks are 9 and 6 percentage points weaker in the Finance, Insurance & Real Estate sector and the Manufacturing – Durables sector, respectively. However, hiring prospects improve in four sectors, most notably by 11 percentage points in the Mining sector and by 9 percentage points in the Construction sector.

When compared with the second quarter of 2017, employers in six of the 10 industry sectors report stronger hiring plans. In the Construction sector, employers report a considerable improvement of 11 percentage points, while Outlooks are 9 and 8 percentage points stronger in the Mining sector and the Manufacturing – Non-Durables sector, respectively. Transportation & Public Utilities sector employers report an improvement of 7 percentage points, while the Outlook for the Wholesale & Retail Trade sector increases by 4 percentage points. Meanwhile, employers in three sectors report weaker Outlooks, most notably with declines of 12 and 5 percentage points in the Education sector and the Manufacturing – Durables sector, respectively.

Employers forecast job gains in 10 of the 11 Western Canada areas during the upcoming quarter. Richmond-Delta employers report the strongest hiring intentions with an active Outlook of +25%, and Vancouver employers also anticipate a healthy hiring pace, reporting an Outlook of +21%. Steady increases in staffing levels are forecast for Burnaby-Coquitlam, with an Outlook of +18%, and in Surrey, where the Outlook is +17%. Meanwhile, Saskatoon employers report uncertain hiring prospects with an Outlook of -2%.

Hiring prospects strengthen in six areas when compared with the first quarter of 2018. Surrey employers report the most noteworthy improvement of 8 percentage points, and Outlooks are 4 percentage points stronger in both Regina and Vancouver. However, Outlooks decline in five areas, including Burnaby-Coquitlam and Richmond-Delta with decreases of 6 percentage points.

Outlooks improve in seven areas when compared with this time one year ago. Considerable increases of 10 percentage points are reported in Regina and Richmond-Delta, while Outlooks are 8 percentage points stronger in Burnaby-Coquitlam, Edmonton and Surrey. Meanwhile, hiring plans weaken in four areas, most notably by 16 percentage points in Saskatoon, and by 6 percentage points in Red Deer.



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Employers expect to increase payrolls in all 10 industry sectors during the April-June period. The strongest hiring intentions are reported by Public Administration sector employers who report a Net Employment Outlook of +20%, and by Manufacturing – Durables sector employers with an Outlook of +19%. Elsewhere, Transportation & Public Utilities sector employers forecast a favourable hiring climate, reporting an Outlook of +17%, while Outlooks of +15% are reported in both the Finance, Insurance & Real Estate sector and the Services sector. Respectable hiring plans are evident in two sectors with Outlooks of +14%, the Manufacturing – Non-Durables sector and the Mining sector. The weakest of the 10 sector Outlooks stands at +8% in the Wholesale & Retail Trade sector.

Hiring prospects improve in six of the 10 industry sectors when compared with the previous quarter. Mining sector employers report an increase of 7 percentage points, while the Outlook for the Construction sector is 5 percentage points stronger. Elsewhere, hiring plans

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Net Employment OutlookNet Employment Outlook Seasonally Adjusted OutlookSeasonally Adjusted Outlook

Construction

Education

Finance, Insurance & Real Estate

Manufacturing – Durables

Manufacturing – Non-Durables

Mining

Public Administration

Services

Transportation & Public Utilities

Wholesale and Retail Trade

Sector Comparisonsimprove by 3 percentage points in both the Public Administration sector and the Services sector. However, hiring intentions weaken in four sectors, most notably by 11 and 10 percentage points in the Finance, Insurance & Real Estate sector and the Transportation & Public Utilities sector, respectively.

When compared with this time one year ago, hiring plans strengthen in nine of the 10 industry sectors. Considerable improvements of 13 and 12 percentage points are reported in the Transportation & Public Utilities sector and the Manufacturing – Non-Durables sector, respectively, while Outlooks are 8 percentage points stronger in both the Finance, Insurance & Real Estate sector and the Mining sector. Employers in three sectors report moderate improvements of 7 percentage points, the Manufacturing – Durables sector, the Public Administration sector and the Services sector. Meanwhile, Wholesale & Retail Trade sector employers report a slight decline of 2 percentage points.



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ConstructionThe strongest labour market in more than two years is anticipated in the second quarter of 2018. Employers report a Net Employment Outlook of +10%, improving by 5 and 6 percentage points quarter-over-quarter and year-over-year, respectively.

EducationEmployers report cautiously optimistic hiring plans for the April-June time frame with a Net Employment Outlook of +9%. Hiring prospects remain relatively stable when compared with the previous quarter, and improve by 2 percentage points in comparison with Quarter 2 2017.

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+21 (+10)%

+9 (+9)%



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Finance, Insurance & Real EstateJob seekers can expect a steady hiring pace in the upcoming quarter, according to employers who report a Net Employment Outlook of +15%. Hiring intentions decline by a considerable margin of 11 percentage points quarter-over-quarter, but improve by 8 percentage points when compared with this time one year ago.

Manufacturing – Durable GoodsUpbeat hiring activity is expected to continue in the second quarter of 2018, with employers reporting a Net Employment Outlook of +19%. Hiring plans remain relatively stable when compared with the previous quarter, and improve by 7 percentage points year-over-year.

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+16 (+15)%

+21 (+19)%



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Manufacturing – Non-Durable GoodsThe strongest labour market in more than six years is forecast for the coming quarter. The Net Employment Outlook of +14% remains relatively stable in comparison with Quarter 1 2018, and improves by 12 percentage points when compared with this time one year ago.

MiningReporting a Net Employment Outlook of +14%, employers anticipate the strongest hiring pace in more than five years during the coming quarter. Hiring prospects strengthen both quarter-over-quarter and year-over-year, increasing by 7 and 8 percentage points, respectively.

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+17 (+14)%

+15 (+14)%



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Public AdministrationJob seekers can expect positive hiring opportunities in Quarter 2 2018, according to employers who report a Net Employment Outlook of +20%. Hiring intentions improve by 3 percentage points when compared with the previous quarter, and are 7 percentage points stronger in comparison with the second quarter of 2017.

ServicesEmployers forecast the strongest labour market in more than five years during the April-June period. The Net Employment Outlook stands at +15%, improving by 3 percentage points in comparison with Quarter 1 2018, and by 7 percentage points when compared with this time one year ago.

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+26 (+20)%

+20 (+15)%



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Transportation & Public UtilitiesSteady workforce gains are anticipated for Quarter 2 2018. Employers report a Net Employment Outlook of +17%, declining by 10 percentage points when compared with the previous quarter, but improving by 13 percentage points in comparison with Quarter 2 2017.

Wholesale & Retail TradeEmployers report modest hiring plans for the upcoming quarter with a Net Employment Outlook of +8%. Hiring prospects remain relatively stable quarter-over-quarter, but decline by 2 percentage points when compared with this time one year ago.

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+19 (+17)%

+12 (+8)%



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global Employment OutlookManpowerGroup interviewed over 59,000 employers across 44 countries and territories to forecast labour market activity* in Quarter 2 2018. All participants were asked, “How do you anticipate total employment at your location to change in the three months to the end of June 2018 as compared to the current quarter?”

Employers forecast varying levels of job gains in 43 of 44 countries and territories during the April-June time frame, including Croatia where employers, surveyed for the first time, report healthy hiring intentions based on unadjusted survey data. When forecasts are compared with those reported in the first-quarter, hiring intentions improve in 17 countries and territories, decline in 17 and are unchanged in nine.** Some upward momentum is detected in the year-over-year comparison with forecasts improving in 25 of 43 countries and territories, declining in 13, and remaining unchanged in five.

Among the countries and territories featuring seasonally adjusted data, confidence is strongest in Taiwan, Japan, Hungary and the United States, while the weakest hiring prospects are reported in Italy, the Czech Republic and Switzerland.

Some noteworthy developments are observed in the second-quarter forecast. Employer confidence in Brazil has improved steadily for five consecutive quarters, and Brazil’s cautiously optimistic second-quarter forecast indicates progress toward recovery following the negative Outlooks that prevailed through much of 2015 and all of 2016. Elsewhere, Finnish employers report their most optimistic forecast since launching the survey in 2012. And German employers report their strongest hiring plans in six years, as well as the strongest Manufacturing sector forecast since Quarter 4 2008.

Across the Europe, Middle East & Africa (EMEA) region, workforce gains are planned in 25 of 26 countries. Hiring plans improve in 13 countries quarter-over-quarter, weaken in eight and are unchanged in four. In a year-over-year comparison, job gains are expected to improve in 16 of the 25 countries where comparison data is available, decline in six and are unchanged in three. Based on seasonally adjusted data, employers

in Hungary report the most optimistic hiring plans in the EMEA region. Conversely, Italian employers report the second-quarter’s weakest hiring plans, as well as the only negative forecast among all countries and territories participating in the survey.

Staffing levels are expected to grow in all eight Asia Pacific countries and territories during the April-June time frame. However, second-quarter forecasts improve in only two countries and territories when compared with the first three months of the year, decline in three and are unchanged in three. Hiring plans improve in five countries and territories year-over-year, decline in two and are unchanged in one. Employers in Taiwan and Japan report the most optimistic regional hiring plans, while for the third consecutive quarter the region’s weakest hiring intentions are reported by mainland Chinese employers.

Employers in each of the 10 countries surveyed in the Americas region expect varying levels of workforce gains in the upcoming quarter. Outlooks improve in two countries, decline in six and are unchanged in two in a quarter-over-quarter comparison. Year-over-year, hiring prospects are stronger in four countries, decline in five and are unchanged in one. Employers in the United States, Canada and Mexico report the region’s most optimistic second-quarter hiring plans, while employers in Panama, Argentina and Colombia anticipate the weakest second-quarter payroll growth.

Full survey results for each of the 44 countries and territories included in this quarter’s survey, plus regional and global comparisons, can be found at

www.manpowergroup.com/meos

The next ManpowerGroup Employment Outlook Survey will be released on 12 June 2018 and will detail expected labour market activity for the third quarter of 2018.

* Commentary is based on seasonally adjusted data where available. Data is not seasonally adjusted for Croatia or Portugal.

** Croatia participates in the survey for the first time this quarter and has no quarter-over-quarter or year-over-year trend data at this point.



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%

†EMEA – Europe, Middle East and Africa.

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.

* Indicates unadjusted data.

Quarter 2 2018 Net Employment Outlook

-15 -10 -5 0 5 10 15 20 25 30 35 40 45

-15 -10 -5 0 5 10 15 20 25 30 35 40 45

Croatia

Taiwan

Japan

Hungary

United States

Greece

Hong Kong

India

Turkey

Canada

Portugal

Bulgaria

Mexico

Slovakia

New Zealand

Poland

Singapore

Australia

Finland

Guatemala

Peru

Romania

Netherlands

Slovenia

Brazil

China

Costa Rica

Germany

Israel

Norway

South Africa

Argentina

Austria

Colombia

Ireland

United Kingdom

Panama

France

Belgium

Spain

Sweden

Czech Republic

Switzerland

Italy

Quarter 2 2018Qtr on Qtr Change

Q1 2018 to Q2 2018 Yr on Yr Change

Q2 2017 to Q2 2018

Americas

Asia PacificAustralia

China

Hong Kong

Japan

India

New Zealand

Singapore

Taiwan

EMEA†

Austria

Belgium

Bulgaria

Croatia

Costa Rica

Colombia

United States

Czech Republic

Greece

Hungary

South Africa

SloveniaSlovakia

Poland

PortugalRomania

Canada

Mexico

Peru

Brazil

Argentina

Guatemala

Panama

France

Germany

Finland

Ireland

Netherlands

Norway

Spain

Turkey

Italy

Switzerland

Sweden

Israel

UK

8 (8)1

8 (6)1

4 (3)1

11 (10)1

30 (24)1

11 (11)1

16 (16)1

16 (16)1

11 (11)1

27 (26)1

17 (14)1

14 (12)1

11 (10)1

4 (4)1

10 (8)1

10 (9)1

4 (1)1

7 (6)1

9 (8)1

4 (2)1

3 (2)1

23 (16)1

1 (-1)1

0 (0)1

11 (6)1

2 (0)1

-2 (-3)1

7 (0)1

-5 (-4)1

0 (0)1

-5 (-5)1

2 (1)1

5 (1)1

4 (4)1

1 (1)1

3 (3)1

0 (0)1

0 (1)1

-3 (-3)1

2 (2)1

-2 (-2)1

3 (3)1

3 (3)1

15 (12)1 6 (0)1 -5 (-1)1

29 – –

10 (8)1 -10 (-9)1 -2 (-4)18 (6)1 3 (-2)1 -6 (-6)1

20 (18)1 4 (-1)1 1 (1)1

2 (1)1 -1 (-3)1 -4 (-5)1

21 (16)1 14 (3)1 7 (7)1

21 (18)1 10 (5)1 1 (1)1

9 (8)1 2 (2)1 2 (2)115 (9)1 2 (-6)1 -12 (-12)112 (12)1 3 (1)1 2 (2)1

15 (11)1 8 (0)1 2 (1)1

14 1 4

16 (10)1 6 (-5)1 -9 (-8)1

9 (2)1

4 (0)1

0 (-2)1

7 (7)1

10 (8)1 5 (2)1 10 (11)17 (6)1 -2 (-1)1 1 (1)1

0 (0)111 (10)1 0 (0)1 -3 (-3)1

-2 (-2)16 (5)1 0 (-1)1 0 (-1)1

3 (2)1

7 (2)13 (2)1

16 (10)1 12 (2)1 7 (6)1

4 (2)1

6 (5)1

3 (-2)1

4 (1)1

1 (0)1

1 (-3)1

-1 (-3)1

17 (3)1

2 (-1)1

5 (5)1

1 (1)1

0 (0)1

10 (8)1 1 (-3)1 0 (0)1

2 (2)1

-3 (-3)1

-1 (-1)1

9 (5)1

6 (6)1 2 (1)1 1 (1)1

1 (0)1

+29%*

+26%

+24%

+18%

+18%

+16%

+16%

+16%

+16%

+14%

+14%*

+12%

+12%

+12%

+11%

+11%

+11%

+10%

+10%

+10%

+10%

+10%

+9%

+9%

+8%

+8%

+8%

+8%

+8%

+8%

+8%

+6%

+6%

+6%

+6%

+6%

+5%

+4%

+3%

+2%

+2%

+1%

+1%

-1%



CLIENT: MANPOWER


SIZE: US LETTER




Over 23,000 employers from 10 countries across North, Central and South America were interviewed to gain insight into expected second-quarter hiring activity. Employers report positive forecasts in each of the 10 countries. However, hiring intentions differ markedly across the region.

Employers in the United States report the region’s most optimistic second-quarter hiring plans, and the forecast is relatively stable in comparison to three months ago and last year at this time. Once again, job gains are expected in all industry sectors and regions, and the most active hiring pace is expected in the Leisure & Hospitality sector. Strong payroll growth is also forecast in the Professional & Business Services and Wholesale & Retail Trade sectors.

Opportunities for job seekers are also expected to grow in Canada where employer confidence is the strongest reported since Quarter 4 2011. Outlooks are positive across all industry sectors and regions, with one of every five employers surveyed planning to add to their workforces during the April-to-June quarter. Employers in the Public Administration sector and in Quebec report the strongest hiring plans.

Mexican employers continue to forecast steady job gains in the months ahead with staffing level increases projected in all industry sectors and regions. Employers in the Transport & Communication sector expect the strongest job gains, and the sector’s forecast is moderately stronger in both quarter-over-quarter and year-over-year comparisons.

International Comparisons – AmericasMore modest hiring intentions are reported across Central America. Opportunities for job seekers in Guatemala are expected to remain favourable, particularly in the Construction sector where employers report their strongest hiring plans since Quarter 3 2014. Meanwhile, Costa Rica’s Outlook weakens considerably from three months ago, but employers still anticipate some job gains across all industry sectors. The region’s most conservative Outlook is reported in Panama where hiring intentions remain positive across all sectors but are depressed by the weakest Transport & Communication forecast reported since the survey started in Quarter 2 2010.

Outlooks are mixed in South America, but job seekers are still expected to find varying levels of opportunity in all countries. Employer confidence softens in Peru in comparison to the prior quarter and last year at this time, with the most second-quarter job gains expected in the Finance, Insurance & Real Estate sector. Colombia’s forecast also declines in both quarter-over-quarter and year-over-year comparisons, but employers continue to anticipate payroll gains, particularly in the Construction sector where nearly three of every 10 employers plan second-quarter hiring. Argentina’s forecast remains modest, but employers report positive hiring intentions in each of the nine industry sectors. Meanwhile, employer confidence in Brazil continues to gain traction; hiring plans have steadily improved for five consecutive quarters, and the forecast is now stronger than at any point since Quarter 4 2014.



CLIENT: MANPOWER


SIZE: US LETTER




Brazil +10 (+8)%Seasonally Adjusted OutlookSeasonally Adjusted OutlookNet Employment OutlookNet Employment Outlook

Brazil joined the survey in Q4 2009 No bar indicates Net Employment Outlook of zero20092008 2010 2011 2012 2013 2014 2015 2016 2017 2018

-20

-10

0

10

20

30

40

50

60

Canada +17 (+14)%Seasonally Adjusted OutlookNet Employment Outlook

No bar indicates Net Employment Outlook of zero20092008 2010 2011 2012 2013 2014 2015 2016 2017 2018

-20

-10

0

10

20

30

40

50

60

Colombia +8 (+6)%Seasonally Adjusted OutlookSeasonally Adjusted OutlookNet Employment OutlookNet Employment Outlook

Colombia joined the survey in Q4 2008 No bar indicates Net Employment Outlook of zero20092008 2010 2011 2012 2013 2014 2015 2016 2017 2018

-20

-10

0

10

20

30

40

50

60

Argentina +7 (+6)%Seasonally Adjusted OutlookSeasonally Adjusted OutlookNet Employment OutlookNet Employment Outlook


-20

-10

0

10

20

30

40

50

60



CLIENT: MANPOWER


SIZE: US LETTER




Costa Rica +10 (+8)%Seasonally Adjusted OutlookSeasonally Adjusted OutlookNet Employment OutlookNet Employment Outlook


-20

-10

0

10

20

30

40

50

60

Guatemala +11 (+10)%Seasonally Adjusted OutlookSeasonally Adjusted OutlookNet Employment OutlookNet Employment Outlook

Guatemala joined the survey in Q2 2008 No bar indicates Net Employment Outlook of zero20092008 2010 2011 2012 2013 2014 2015 2016 2017 2018

-20

-10

0

10

20

30

40

50

60

Mexico +14 (+12)%Seasonally Adjusted OutlookSeasonally Adjusted OutlookNet Employment OutlookNet Employment Outlook


-20

-10

0

10

20

30

40

50

60

Panama +6 (+5)%Seasonally Adjusted OutlookSeasonally Adjusted OutlookNet Employment OutlookNet Employment Outlook

Panama joined the survey in Q2 2010 No bar indicates Net Employment Outlook of zero20092008 2010 2011 2012 2013 2014 2015 2016 2017 2018

-20

-10

0

10

20

30

40

50

60



CLIENT: MANPOWER


SIZE: US LETTER




+20 (+18)%United States of AmericaSeasonally Adjusted OutlookSeasonally Adjusted OutlookNet Employment OutlookNet Employment Outlook


-20

-10

0

10

20

30

40

50

60

Peru +11 (+10)%Seasonally Adjusted OutlookSeasonally Adjusted OutlookNet Employment OutlookNet Employment Outlook


-20

-10

0

10

20

30

40

50

60



CLIENT: MANPOWER


SIZE: US LETTER




ManpowerGroup surveyed 14,500 employers in the Asia Pacific region. Employers in each of the eight countries and territories intend to add to their workforces over the next three months. Employers in Taiwan and Japan report the strongest second-quarter hiring plans, while those in Australia and China report the weakest.

Activity in Taiwan’s labour market is expected to remain strong through the end of June. Forecasts indicate that opportunities for job seekers will remain solid in most industry sectors with the brightest job prospects reported in the Finance, Insurance & Real Estate sector. Overall, three of every 10 Taiwanese employers said they expect staffing levels to increase in the April-June quarter.

Confidence among Japan’s employers is similarly strong. Employers forecast payroll growth in each of Japan’s industry sectors and regions, with the most aggressive hiring efforts expected in the Mining & Construction sector. Job prospects are also bright in the Transportation & Utilities sectors where employers report their strongest hiring plans since Quarter 2 2008.

In Hong Kong the hiring climate is expected to remain favourable to job seekers. Outlooks are positive across all industry sectors, particularly in the Finance, Insurance & Real Estate sector where the forecast has improved steadily for four consecutive quarters and is the strongest reported since Quarter 4 2011.

Hiring plans in India weaken in comparison to both the prior quarter and last year at this time. However, the second-quarter survey reveals that, although the hiring pace will slow, few staff reductions are expected.

International Comparisons – Asia PacificIn fact, of the more than 4,600 employers surveyed in India, 0 percent expressed any expectations to reduce payrolls in the next three months.

Australia’s forecast softens slightly in comparison to the prior quarter, which was incidentally the most optimistic forecast reported in this country since 2012. Employer confidence remains positive with job gains forecast across all seven industry sectors and in all but one region. Employers in the Services and Transportation & Utilities sectors report the strongest hiring intentions.

Employer confidence in New Zealand also weakens slightly in comparison to three months ago and last year at this time. Outlooks remain positive across all industry sectors and in all regions. However, hiring intentions decline sharply from three months ago in both the Finance, Insurance & Real Estate and Public Administration/Education sectors. The strongest second-quarter job prospects are reported in the country’s large organizations (250+ employees) where four of every 10 employers surveyed said they planned to add to payrolls over the next three months.

The hiring climate in Singapore is expected to remain favourable with positive forecasts reported in all industry sectors. Opportunities for job seekers are expected to be strongest in the Public Administration/Education and Finance, Insurance & Real Estate sectors.

Chinese employers continue to anticipate modest job growth in the April-June quarter with the most hiring activity expected in the Finance, Insurance & Real Estate sector and in the Services sector where employers report the strongest forecast in nearly three years.



CLIENT: MANPOWER


SIZE: US LETTER




+8 (+8)%China Seasonally Adjusted OutlookSeasonally Adjusted OutlookNet Employment OutlookNet Employment Outlook


-20

-10

0

10

20

30

40

50

60

Hong Kong +16 (+16)%Seasonally Adjusted OutlookSeasonally Adjusted OutlookNet Employment OutlookNet Employment Outlook


-20

-10

0

10

20

30

40

50

60

+16 (+16)%India Seasonally Adjusted OutlookSeasonally Adjusted OutlookNet Employment OutlookNet Employment Outlook


-20

-10

0

10

20

30

40

50

60

Australia +11 (+10)%Seasonally Adjusted OutlookSeasonally Adjusted OutlookNet Employment OutlookNet Employment Outlook


-20

-10

0

10

20

30

40

50

60



CLIENT: MANPOWER


SIZE: US LETTER




Japan +30 (+24)%Seasonally Adjusted OutlookSeasonally Adjusted OutlookNet Employment OutlookNet Employment Outlook


40

-20

-10

0

10

20

30

50

60

New Zealand +11 (+11)%Seasonally Adjusted OutlookSeasonally Adjusted OutlookNet Employment OutlookNet Employment Outlook


-20

-10

0

10

20

30

40

50

60

Singapore +11 (+11)%Seasonally Adjusted OutlookSeasonally Adjusted OutlookNet Employment OutlookNet Employment Outlook


-50-40-30-20-10

010203040506070

Taiwan +27 (+26)%Seasonally Adjusted OutlookSeasonally Adjusted OutlookNet Employment OutlookNet Employment Outlook


-20

-10

0

10

20

30

40

50

60



CLIENT: MANPOWER


SIZE: US LETTER




ManpowerGroup interviewed over 21,000 employers in 26 countries in the Europe, Middle East and Africa (EMEA) region.

Payroll gains are anticipated in all countries except Italy. The strongest second-quarter hiring plans, based on seasonally adjusted data*, are reported in Hungary. The Hungarian forecast is fuelled in part by robust projections in the Construction sector where nearly four of every 10 employers surveyed plan to hire in the second-quarter. The hiring pace in Greece and Turkey is expected to be similarly steady with employers in both countries reporting positive forecasts in all industry sectors and regions. In fact, hiring intentions in Greece are the strongest reported by employers there since Quarter 3 2008.

Additional highlights in the region include Germany where employers report their most optimistic hiring plans in six years along with the strongest Manufacturing sector forecast since 2008. Finland’s employers report their strongest hiring intentions since joining the survey in 2012. Meanwhile, employer confidence in the Netherlands is the strongest reported since 2008.

In the UK job seekers are likely to benefit from payroll gains anticipated by employers in all sectors and regions. And in Austria, employer confidence improves to more cautiously optimistic levels following the country’s more sluggish first-quarter forecast.

More modest job gains are forecast in France where the Outlook improves slightly from the prior quarter and last year at this time, with employers reporting positive hiring intentions in all but one industry sector. Belgium’s hiring pace is expected to remain reserved despite employers in the Manufacturing and Transportation, Storage & Communication sectors

International Comparisons – EMEAreporting their strongest hiring plans in six years. Swedish job seekers can continue to expect some opportunities in the coming quarter, although the overall Outlook is dragged down by the weakest forecasts yet reported in the Finance, Insurance, Real Estate & Business Services and Construction sectors.

Outlooks in Poland and Romania point to continued steady hiring during the April-June time frame, with much of the optimism driven by solid forecasts in the Manufacturing sector. In fact, approximately a third of Manufacturing sector employers surveyed in both countries said they planned to add to their payrolls in the next three months.

Some job gains are anticipated in Switzerland and the Czech Republic, but employer confidence in both countries remains subdued. And in Italy the forecast again turns negative despite employers in the Restaurant & Hotel sector reporting their strongest hiring plans since the launch of their survey 15 years ago.

On a more optimistic note, the first survey ever conducted in Croatia points to an active second-quarter hiring pace with a third of all surveyed employers expecting to add to payrolls in the months ahead.

Beyond Europe, Israel’s Outlook softens from three months ago to more modest levels, with Construction sector employers expecting the busiest second-quarter hiring pace. South Africa’s forecast strengthens slightly from both three months and last year at this time with employers in the Finance, Insurance, Real Estate & Business Services sector expecting the strongest hiring pace and reporting the strongest Outlook in the sector since Quarter 1 2010.

* Croatia participates in the ManpowerGroup Employment Outlook Survey for the first time this quarter and currently has no quarter-over-quarter and year-over-year trend data.



CLIENT: MANPOWER


SIZE: US LETTER




Austria +8 (+6)%Seasonally Adjusted OutlookSeasonally Adjusted OutlookNet Employment OutlookNet Employment Outlook


-20

-10

0

10

20

30

40

50

60

Belgium +4 (+3)%Seasonally Adjusted OutlookSeasonally Adjusted OutlookNet Employment OutlookNet Employment Outlook


-20

-10

0

10

20

30

40

50

60

Bulgaria +15 (+12)%

Bulgaria joined the survey in Q1 2011 No bar indicates Net Employment Outlook of zero20092008 2010 2011 2012 2013 2014 2015 2016 2017 2018

Seasonally Adjusted OutlookNet Employment Outlook

-20

-10

0

10

20

30

40

50

60

Croatia +29%Net Employment OutlookNet Employment Outlook

Croatia joined the survey in Q2 2018 No bar indicates Net Employment Outlook of zero20092008 2010 2011 2012 2013 2014 2015 2016 2017 2018

-20

-10

0

10

20

30

40

50

60



CLIENT: MANPOWER


SIZE: US LETTER




France +4 (+4)%Seasonally Adjusted OutlookSeasonally Adjusted OutlookNet Employment OutlookNet Employment Outlook

No bar indicates Net Employment Outlook of zero2009 2008 2010 2011 2012 2013 2014 2015 2016 2017 2018

-20

-10

0

10

20

30

40

50

60

Germany +10 (+8)%Seasonally Adjusted OutlookSeasonally Adjusted OutlookNet Employment OutlookNet Employment Outlook


-20

-10

0

10

20

30

40

50

60

Finland +16 (+10)%

Finland joined the survey in Q4 2012 No bar indicates Net Employment Outlook of zero20092008 2010 2011 2012 2013 2014 2015 2016 2017 2018


-20

-10

0

10

20

30

40

50

60

Czech Republic +2 (+1)%Seasonally Adjusted OutlookSeasonally Adjusted OutlookNet Employment OutlookNet Employment Outlook

Czech Republic joined the survey in Q2 2008 No bar indicates Net Employment Outlook of zero20092008 2010 2011 2012 2013 2014 2015 2016 2017 2018

-20

-10

0

10

20

30

40

50

60



CLIENT: MANPOWER


SIZE: US LETTER




Greece +21 (+16)%

20092008 2010 2011 2012 2013 2014 2015 2016 2017 2018


Greece joined the survey in Q2 2008 No bar indicates Net Employment Outlook of zero

-20

-10

0

10

20

30

40

50

60

Hungary +21 (+18)%Seasonally Adjusted OutlookSeasonally Adjusted OutlookNet Employment OutlookNet Employment Outlook

Hungary joined the survey in Q3 2009 No bar indicates Net Employment Outlook of zero20092008 2010 2011 2012 2013 2014 2015 2016 2017 2018

-20

-10

0

10

20

30

40

50

60

Ireland +7 (+6)%Seasonally Adjusted OutlookSeasonally Adjusted OutlookNet Employment OutlookNet Employment Outlook


-20

-10

0

10

20

30

40

50

60

Israel +10 (+8)%

Israel joined the survey in Q4 2011 No bar indicates Net Employment Outlook of zero20092008 2010 2011 2012 2013 2014 2015 2016 2017 2018


-20

-10

0

10

20

30

40

50

60



CLIENT: MANPOWER


SIZE: US LETTER




Norway +9 (+8)%

20092008 2010 2011 2012 2013 2014 2015 2016 2017 2018



-20

-10

0

10

20

30

40

50

60

Poland +15 (+11)%Seasonally Adjusted OutlookSeasonally Adjusted OutlookNet Employment OutlookNet Employment Outlook

Poland joined the survey in Q2 2008 No bar indicates Net Employment Outlook of zero20092008 2010 2011 2012 2013 2014 2015 2016 2017 2018

-20

-10

0

10

20

30

40

50

60

Netherlands +10 (+9)%Seasonally Adjusted OutlookSeasonally Adjusted OutlookNet Employment OutlookNet Employment Outlook


-20

-10

0

10

20

30

40

50

60

Italy +1 (-1)%Seasonally Adjusted OutlookSeasonally Adjusted OutlookNet Employment OutlookNet Employment Outlook


20

-20

-10

0

10

30

40

50

60



CLIENT: MANPOWER


SIZE: US LETTER




Portugal +14%Net Employment OutlookNet Employment Outlook

Portugal joined the survey in Q3 2016 No bar indicates Net Employment Outlook of zero20092008 2010 2011 2012 2013 2014 2015 2016 2017 2018

-20

-10

0

10

20

30

40

50

60

Romania +16 (+10)%Seasonally Adjusted OutlookSeasonally Adjusted OutlookNet Employment OutlookNet Employment Outlook

Romania joined the survey in Q2 2008 No bar indicates Net Employment Outlook of zero20092008 2010 2011 2012 2013 2014 2015 2016 2017 2018

-20

-10

0

10

20

30

40

50

60

Slovakia +12 (+12)%Net Employment OutlookNet Employment Outlook

Slovakia joined the survey in Q4 2011 No bar indicates Net Employment Outlook of zero20092008 2010 2011 2012 2013 2014 2015 2016 2017 2018

Seasonally Adjusted OutlookSeasonally Adjusted Outlook

-20

-10

0

10

20

30

40

50

60

Slovenia +15 (+9)%

Slovenia joined the survey in Q1 2011 No bar indicates Net Employment Outlook of zero20092008 2010 2011 2012 2013 2014 2015 2016 2017 2018


-20

-10

0

10

20

30

40

50

60



CLIENT: MANPOWER


SIZE: US LETTER




Switzerland +4 (+1)%Seasonally Adjusted OutlookSeasonally Adjusted OutlookNet Employment OutlookNet Employment Outlook


-20

-10

0

10

20

30

40

50

60

Sweden +3 (+2)%Seasonally Adjusted OutlookSeasonally Adjusted OutlookNet Employment OutlookNet Employment Outlook


-20

-10

0

10

20

30

40

50

60

Spain +4 (+2)%Seasonally Adjusted OutlookSeasonally Adjusted OutlookNet Employment OutlookNet Employment Outlook


-20

-10

0

10

20

30

40

50

60

South Africa +9 (+8)%Seasonally Adjusted OutlookSeasonally Adjusted OutlookNet Employment OutlookNet Employment Outlook


-20

-10

0

10

20

30

40

50

60



CLIENT: MANPOWER


SIZE: US LETTER




Turkey +23 (+16)%

Turkey joined the survey in Q1 2011 No bar indicates Net Employment Outlook of zero20092008 2010 2011 2012 2013 2014 2015 2016 2017 2018


-20

-10

0

10

20

30

40

50

60

United Kingdom +6 (+6)%Seasonally Adjusted OutlookSeasonally Adjusted OutlookNet Employment OutlookNet Employment Outlook


-20

-10

0

10

20

30

40

50

60



CLIENT: MANPOWER


SIZE: US LETTER




The ManpowerGroup Employment Outlook Survey is conducted quarterly to measure employers’ intentions to increase or decrease the number of employees in their workforces during the next quarter. ManpowerGroup’s comprehensive forecast of employer hiring plans has been running for more than 55 years and is one of the most trusted surveys of employment activity in the world. Various factors underpin the success of the ManpowerGroup Employment Outlook Survey:

Unique: It is unparalleled in its size, scope, longevity and area of focus.

Projective: The ManpowerGroup Employment Outlook Survey is the most extensive, forward-looking employment survey in the world, asking employers to forecast employment over the next quarter. In contrast, other surveys and studies focus on retrospective data to report on what occurred in the past.

Independent: The survey is conducted with a representative sample of employers from throughout the countries and territories in which it is conducted. The survey participants are not derived from ManpowerGroup’s customer base.

Robust: The survey is based on interviews with over 59,000 public and private employers across 44 countries and territories to measure anticipated employment trends each quarter. This sample allows for analysis to be performed across specific sectors and regions to provide more detailed information.

Focused: For more than 55 years the survey has derived all of its information from a single question:

For the Quarter 2 2018 research, all employers participating in the survey worldwide are asked the same question, “How do you anticipate total employment at your location to change in the three months to the end of June 2018 as compared to the current quarter?”

About the Manpowergroup Employment Outlook Survey

MethodologyThe 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%.

The margin of error for the Canadian survey is +/- 2.2%.

Net Employment OutlookThroughout this report, we use the term “Net Employment Outlook.” This figure is derived by taking the percentage of employers anticipating an increase in hiring activity and subtracting from this the percentage of employers expecting to see a decrease in employment at their location in the next quarter. The result of this calculation is the Net Employment Outlook. Net Employment Outlooks for countries and territories that have accumulated at least 17 quarters of data are reported in a seasonally adjusted format unless otherwise stated.

Seasonal adjustments have been applied to the data for all participating countries except Croatia and Portugal. ManpowerGroup intends to add seasonal adjustments to the data for other countries in the future, as more historical data is compiled. Note that in Quarter 2 2008, ManpowerGroup adopted the TRAMO-SEATS method of seasonal adjustment for data.


CLIENT: MANPOWER


SIZE: US LETTER




ManpowerGroup (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing and managing the talent that enables them to win. We develop innovative solutions for over 400,000 clients and connect 3+ million people to meaningful, sustainable work across a wide range of industries and skills. Our expert family of brands – Manpower®, Experis®, Right Management® and ManpowerGroup® Solutions – creates substantially more value for candidates and clients across 80 countries and territories and has done so for 70 years. In 2018, ManpowerGroup was named one of the World’s Most Ethical Companies for the eighth consecutive year and one of Fortune’s Most Admired Companies, confirming our position as the most trusted and admired brand in the industry. See how ManpowerGroup is powering the future of work: www.manpowergroup.com.

About ManpowergroupAbout ManpowerGroup CanadaWith nearly 30 offices strategically located across the country, ManpowerGroup Canada’s staffing services include administrative, industrial, skilled trades and contact centre personnel as well as the assignment of contract professionals in information technology, scientific, finance, engineering, telecommunications and other professional areas under the Experis brand. More information can be found on the following websites, manpower.ca and experis.ca

Manpower, 4950 Yonge Street, Suite 700, Toronto, Ontario, M2N 6K1Tel: 416 225 4455www.manpower.ca

© 2018, ManpowerGroup. All rights reserved.

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