ibusinesslines.com March 18, 2018

Retail job outlook positive

13 March 2018, 09:26 | Kelvin Horton

Retail job outlook positive: survey

Finally, some good news from India Inc: layoffs on pause

A ManpowerGroup Employment Outlook Survey showed that 37 per cent of employers in both Delta and Richmond plan to hire for 2018's second quarter, between April and June.

According to Manpower, local hiring prospects are positive for these categories: construction, durable goods manufacturing, nondurable goods manufacturing, wholesale and retail trade, information technology, financial activities, education and health services, leisure and hospitality, other services, and government. "In the coming times, technology will change the job market dynamics and individuals need to adopt skillsets to remain employable", said AG Rao, group managing director at ManpowerGroup India. Meanwhile, the weakest Outlook is reported by Manufacturing sector employers, standing at +9%. While there won't be layoffs, hiring as such will be lower than in previous quarters. ManpowerGroup interviewed over 59,000 employers globally and found that the job markets are upbeat in Taiwan, Japan, Hungary, and the United States, while Italy, the Czech Republic, and Switzerland presented weak outlooks. Elsewhere, a steady increase in staffing levels is expected by restaurants and hotels sector employers, with an outlook of +12%, and by employers in two sectors with Outlooks of +11% - the manufacturing sector and the transport, storage and communication sector.

Employers in all four regions expect to increase payrolls during the next three months.

The holding-pattern outlook comes as the N.C. Commerce Department reported a 4.2 percent unemployment rate in December for the Winston-Salem MSA.

Across the Europe, Middle East & Africa (EMEA) region, workforce gains are planned in 25 of 26 countries. However, employers in the East report an improvement of 8 percentage points. "It is also a decrease of three percentage points compared with the Outlook report during the same time a year ago, indicating a slow hiring period for the upcoming months". Similarly, employers in the Services sector report a decline of three percentage points compared to the same period in 2017.

Manpower is out with its employment outlook survey today (Tuesday) on hiring intentions for April through June. Hiring plans weaken in Free State and Western Cape when compared with this time one year ago, with outlooks declining by seven and two percentage points, respectively. 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. 59,000 public and private employers across 44 countries and territories are interviewed to measure anticipated employment trends each quarter.

The Leisure & Hospitality sector is leading the way when it comes to adding jobs for the second quarter of 2018, according to a new study by staffing firm ManpowerGroup.

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