MILWAUKEE, Dec. 8, 2020 /PRNewswire/ -- Hiring outlooks are showing signs of recovery around the world, according to the latest ManpowerGroup (NYSE-MAN) Employment Outlook Survey of over 37,000 employers in 43 countries. Since the previous quarter, hiring intentions improve in 32 of 43 markets with the most significant increases reported in the Asia Pacific and Americas regions, and greatest caution from employers in Europe.* The survey also reveals employers will be cautious for the long term: 13% say pre-pandemic hiring levels will not return before July 2021, down from 54% when asked in April 2020.
"These results show the slow and gradual pace of improvement will continue into Q1 though uncertainty remains and employers are preparing for a disruptive future ahead." Said Jonas Prising, ManpowerGroup Chairman and CEO. "The last nine months have shown businesses that they can transform and digitize at a pace and scale they may not have previously thought possible. As skilled talent remains a key differentiator for recovery and reset it must be the priority of employers and governments to support people with swift, targeted upskilling programs so that value creation is shared with the many, not just the few."
The pandemic has led to a rapid evolution of the HR function with a growing urgency for recovery, reset and reskilling. Going into 2021 and beyond HR leaders will prioritize employee wellbeing, followed by offering new work models and a greater focus on upskilling, learning and development.
View the complete Q1 2021 survey results: www.manpowergroup.com/meos
Global Hiring Plans by Region
Americas: Hiring outlooks strengthen in all 10 countries compared with the previous quarter.
EMEA: Outlooks improve quarter-over-quarter in sixteen markets, decrease in five and remain the same in three.
APAC: Outlooks improve in four of five APAC countries and territories.
To view complete results for the ManpowerGroup Employment Outlook Survey, visit: www.manpowergroup.com/meos. The next survey will be released March 9, 2021 and will report hiring expectations for Q2 2021. To receive the latest survey results each quarter, sign up here.
*The survey – conducted October 2020 – is the most comprehensive, forward-looking employment survey of its kind, used globally as a key economic indicator.
The Net Employment Outlook is derived by taking the percentage of employers anticipating an increase in hiring activity and subtracting from this the percentage of employers expecting a decrease in hiring activity.
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 hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands – Manpower, Experis and Talent Solutions – creates substantial value for candidates and clients across more than 75 countries and territories and has done so for over 70 years. We are recognized consistently for our diversity - as a best place to work for Women, Inclusion, Equality and Disability and in 2020 ManpowerGroup was named one of the World's Most Ethical Companies for the eleventh year - all confirming our position as the brand of choice for in-demand talent.
View original content to download multimedia:http://www.prnewswire.com/news-releases/global-hiring-intentions-show-signs-of-green-shoots-for-q1-2021-301187898.html
SOURCE Manpower Inc.