Manpower Employment Outlook SurveyQ3 2016

Monday, May 1, 2023

Manpower Employment Outlook Survey – Q3 2016

ManpowerGroup Monday, May 1, 2023 2

MEOS Q3 2016 Summary

• Signs that MEOS is cooling: Optimism ticks down for the second successive quarter, with Brexit a likely factor

• Falling sentiment among large employers is a key driver: big business has become increasingly downbeat in each of the last four quarters

• Construction digs deep: For the first time in over a decade Construction is the most optimistic sector in MEOS. It has risen four points to +10

• Shopped till we dropped: Retail, wholesale and hospitality is the biggest faller, down four points to +3 to record its least positive outlook in over two years

Manpower Employment Outlook Survey – Q3 2016

ManpowerGroup Monday, May 1, 2023 3

2009 2010 2011 2012 2013

2014 2015

Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3

-8

-6

-4

-2

0

2

4

6

8

-1

-3

-6-5

-1

1 1 1 12 2

3

10

2 23

6 65

7

5

7 7 76 6 6

5

76

5

2016

MEOS: Since 4Q 2008

Manpower Employment Outlook Survey – Q3 2016

ManpowerGroup Monday, May 1, 2023 4

Size of company breakdown

• Companies of all sizes have positive hiring intentions• Large businesses down 2 points• Micro businesses remain least optimistic

Large

Medium

Small

Micro

National

13

12

9

5

6

11

12

11

2

5Q3 '16 Q2 '16 -1

-3

+2

n/c

-2

QoQ change

Manpower Employment Outlook Survey – Q3 2016

ManpowerGroup Monday, May 1, 2023 5

Industry sector breakdown

-2

7

7

6

6

-1

8

6

5

6

-2

5

3

10

7

-2

9

6

9

5

Q3 '16 Q2 '16

QoQ change

National

Utilities

Manufacturing

Finance & Business Services

Mining & Quarrying

Transport, Storage and Communications

Construction

Wholesale, Retail, Restaurants & Hotels

Public & Social

Agriculture, Forestry & Fishing

-1

+4

n/c

+1

-1

+1

+4

-4

-2

n/c

Manpower Employment Outlook Survey – Q3 2016

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Public/private sector breakdown

• Private sector hiring remains firm• Not for Profit dipped

7

7

3

6

3

6

3

5

Q3 '16Q2 '16

-1

n/c

-1

-4

QoQ change

*Data not seasonally adjusted

National

Public

Private

Not For Profit*

Manpower Employment Outlook Survey – Q3 2016

ManpowerGroup Monday, May 1, 2023 7

Regions and nations breakdown

6

7

6

6

11

4

9

4

9

8

2

9

6

3

5

10

1

1

11

7

3

9

9

5

11

5

Q3 '16

QoQ change

National

West Midlands

North West

East Midlands

East

South East

London

Wales

South West

Yorkshire & the Humber

North East

Northern Ireland

Scotland

-1

+2

+3

+1

n/c

-1

-2

+7

-10

-5

+4

-2

-3

Manpower Employment Outlook Survey – Q3 2016

ManpowerGroup Monday, May 1, 2023 8

UK employment intention heat map: Q3 2016

+3

+10+5

+5+1

+11 +11+9

+3+1

+9

+7