ManpowerGroup Employment Outlook Survey Netherlands ... ManpowerGroup Employment Outlook Survey 7...

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Transcript of ManpowerGroup Employment Outlook Survey Netherlands ... ManpowerGroup Employment Outlook Survey 7...

  • ManpowerGroup Employment Outlook Survey Netherlands

    20 20 Q2

  • The ManpowerGroup Employment Outlook Survey for the second quarter 2020 was conducted by interviewing a representative sample of 751 employers in the Netherlands.

    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 2020 as compared to the current quarter?”

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    lo ok Contents The Netherlands Employment Outlook 3

    Organisation-Size Comparisons Regional Comparisons Sector Comparisons

    Global Employment Outlook 13 International Comparisons – Americas International Comparisons – Asia & Pacific International Comparisons – EMEA

    About the Survey 30

    About ManpowerGroupTM 31

  • ManpowerGroup Employment Outlook Survey 3

    Seasonally Adjusted OutlookSeasonally Adjusted OutlookNet Employment OutlookNet Employment Outlook

    No bar indicates Net Employment Outlook of zero 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

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    Netherlands Employment Outlook

    Dutch employers report hopeful hiring plans for the second quarter of 2020. With 17% of employers anticipating an increase in payrolls, 3% forecasting a decrease and 78% expecting no change, the resulting Net Employment Outlook is +14%.

    Once the data is adjusted to allow for seasonal variation, the Outlook stands at +12%. Hiring prospects improve by 2 percentage points when compared with the previous quarter and are unchanged in comparison with the same period last year.

    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.

    Increase Decrease No Change Don’t Know Net Employment

    Outlook Seasonally Adjusted

    % % % % % % Apr-June 2020 17 3 78 2 14 12 Jan-Mar 2020 5 2 93 0 3 4 Oct-Dec 2019 7 2 89 2 5 5 July-Sep 2019 6 0 93 1 6 5 Apr-June 2019 9 4 84 3 5 5

  • 4 ManpowerGroup Employment Outlook Survey

    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.

    Payrolls are expected to increase in all four organization size categories during the next three months. Large employers report optimistic hiring plans with a Net Employment Outlook of +22%, and steady hiring activity is forecast for the Medium- and Small-size categories, with Outlooks of +15% and +12%, respectively. Micro employers anticipate a fair hiring pace, reporting an Outlook of +6%.

    Organization Size Comparisons Hiring intentions improve by 6 and 5 percentage points for Large- and Small-size employers, respectively, when compared with the previous quarter. Elsewhere, Micro employers report an increase of 2 percentage points, and the Outlook for Medium employers remains relatively stable.

    In a comparison with last year at this time, hiring prospects decline by 8 percentage points for Medium employers and are 7 percentage points weaker in the Large size category. However, hiring plans remain relatively stable for Small employers and improve by 2 percentage points for Micro firms.

    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

    2013 2014 2015 2016 2017 2018 2019 2020 -10

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    Organization-Size Increase Decrease No Change Don’t Know Net Employment

    Outlook Seasonally Adjusted

    % % % % % %

    Micro-Size less than 10 4 1 95 0 3 4 Small-Size 10-49 8 4 85 3 4 8 Medium-Size 50-249 14 1 85 0 13 15

    Large-Size 250 or more 18 8 70 4 10 13

  • ManpowerGroup Employment Outlook Survey 5

    Employers in all four regions expect to add to payrolls during the forthcoming quarter. The strongest hiring prospects are reported in the East and the North, where Net Employment Outlooks stand at +15%. Steady job gains are also forecast for the West, with an Outlook of +14%, while the Outlook for the South is +9%.

    Hiring intentions strengthen in all four regions when compared with the previous quarter. A considerable increase of 10 percentage points is reported in the North, and Outlooks are 4 percentage points stronger in two regions – the East and the West. Employers in the South report a slight improvement of 2 percentage points.

    -10 20

    West-Netherlands

    South-Netherlands

    North-Netherlands

    East-Netherlands

    -5 0 5 10 15

    Net Employment OutlookNet Employment Outlook Seasonally Adjusted OutlookSeasonally Adjusted Outlook

    14 16

    15

    17

    9 8

    15

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    Regional Comparisons In a year-over-year comparison, hiring intentions are 4 percentage points stronger in the North, but decline by 3 percentage points in the East. In both the South and the West, Outlooks remain relatively stable.

  • 6 ManpowerGroup Employment Outlook Survey

    East Job seekers can expect a steady hiring pace in the upcoming quarter, according to employers who report a Net Employment Outlook of +15%. Hiring plans improve by 4 percentage points when compared with the previous quarter, but decline by 3 percentage points in comparison with last year at this time.

    North With a Net Employment Outlook of +15%, employers anticipate positive workforce gains during the second quarter of 2020. Hiring prospects strengthen both quarter-over-quarter and year-over-year, increasing by 10 and 4 percentage points, respectively.

    Seasonally Adjusted OutlookSeasonally Adjusted OutlookNet Employment OutlookNet Employment Outlook

    No bar indicates Net Employment Outlook of zero 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

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    Seasonally Adjusted OutlookSeasonally Adjusted OutlookNet Employment OutlookNet Employment Outlook

    No bar indicates Net Employment Outlook of zero 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

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    +15 (+11)%

    +15 (+5)%

  • ManpowerGroup Employment Outlook Survey 7

    South Employers forecast a fair hiring climate in the April to June period, reporting a Net Employment Outlook of +9%. The Outlook is 2 percentage points stronger in comparison with the prior quarter and remains relatively stable when compared with this time one year ago.

    West Respectable payroll gains are anticipated in the coming quarter, with employers reporting a Net Employment Outlook of +14%. Hiring plans are 4 percentage points stronger quarter- over-quarter and remain relatively stable in comparison with 2Q 2019.

    Seasonally Adjusted OutlookSeasonally Adjusted OutlookNet Employment OutlookNet Employment Outlook

    No bar indicates Net Employment Outlook of zero 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

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    Seasonally Adjusted OutlookSeasonally Adjusted OutlookNet Employment OutlookNet Employment Outlook

    No bar indicates Net Employment Outlook of zero 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

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    +9 (+7)%

    +14 (+10)%

  • 8 ManpowerGroup Employment Outlook Survey

    Workforce gains are forecast for all seven industry sectors during the next three months. The strongest labor market is anticipated by Construction sector employers who report a healthy Net Employment Outlook of +21%. Positive payroll growth is expected in two sectors with Outlooks of +13% - the Manufacturing sector and the Wholesale & Retail Trade sector – while Outlooks stand at +12% in both the Finance & Business Services sector and the Other Services sector. Other Production sector employers expect moderate hiring activity, reporting an Outlook of +10%, while the weakest Outlook of +9% is reported in the Restaurants & Hotels sector.

    Hiring intentions strengthen in five of the seven industry sectors when compared with the previous quarter. The most notable increase of 8 percentage points is reported in the Wholesale & Retail Trade sector. Elsewhere, Outlooks are 7 and 6 percentage points stronger in the Restaurants & Hotels sector and the Other Services sector, respectively,

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    Wholesale & Retail Trade

    Restaurants & Hotels

    Other Services

    Other Production

    Manufacturing

    Finance & Business Services

    Construction

    20 25 30-10 0 10

    Net Employment OutlookNet Employment Outlook Seasonally Adjusted OutlookS