Has Strongest Employment Prospects of 23 Countries Surveyed India
Indian and Swiss employers were surveyed for the first time this quarter, with employers in
Meanwhile, the labor markets surveyed across Asia Pacific are expected to soften, following the peak second-quarter hiring period experienced in many countries.
The hiring pace across Asia Pacific is expected to slow down somewhat from last quarter, most notably in the Finance/Insurance/Real Estate and Wholesale & Retail Trade sectors. Japanese and Chinese employers are telling us theyll be adding staff at a considerably slower pace in the coming months, which is typical of their normal annual hiring patterns, said Joerres.
The only country in Asia Pacific to post improved employment prospects from last quarter is
Based on seasonally adjusted data, the survey also revealed that employers in only nine of the 23 countries are anticipating improved hiring conditions compared to last year at this time. Nearly one third of the employers surveyed mainly European are reporting stronger hiring intentions compared to the second quarter.
Compared to last year, hiring intentions in
Elsewhere in Europe, employers in the
The next Manpower Employment Outlook Survey will be released on the 13th of September 2005 to report hiring expectations for the fourth quarter of 2005.
The Manpower Employment Outlook Survey is available free of charge to the public through their local Manpower representative in participating countries. To receive e-mail notification when the survey is available each quarter, interested individuals are invited to complete an online subscription form at www.manpower.com/prsubscription.
Note to Editors
Full survey results for each of the 23 countries and territories included in this quarters survey, plus regional and global comparisons, can be found in the Manpower Press Room at www.manpower.com/meos. In addition, all tables and graphs from the full report are available to be downloaded for use in publication or broadcast from the Manpower Online Visual Library, also located in the Press Room on http://www.manpower.com/library.
About the Survey
The Manpower Employment Outlook Survey is conducted quarterly to measure employers intentions to increase or decrease the number of employees in their workforce during the next quarter. It is the only forward-looking survey of its kind, unparalleled in its size, scope, longevity and area of focus. The Survey has been running for more than 40 years and is one of the most trusted surveys of employment activity in the world. The Manpower Employment Outlook Survey is based on interviews with more than 45,000 public and private employers worldwide and is considered a highly respected economic indicator.
The Manpower Employment Outlook Survey is currently available for 23 countries and territories:
Manpower Inc. (NYSE: MAN) is a world leader in the employment services industry, offering customers a continuum of services to meet their needs throughout the employment and business cycle. The company specializes in permanent, temporary and contract recruitment; employee assessment; training; career transition; organizational consulting services; and professional financial services. Manpowers worldwide network of 4,300 offices in 68 countries and territories enables the company to meet the needs of its 400,000 customers per year, including small and medium size enterprises in all industry sectors, as well as the worlds largest multinational corporations. The focus of Manpowers work is on raising productivity through improved quality, efficiency and cost-reduction, enabling customers to concentrate on their core business activities. In addition to the Manpower brand, the company operates under the brand names of Right Management Consultants, Jefferson Wells, Elan and
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Contact: Bruce Bock
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