'Moderate hiring climate' coming up for Richmond: Employment agency

'Moderate hiring climate' coming up for Richmond: Employment agency

RED DEER- Employers in the Red Deer area expect a subdued hiring climate for the second quarter of 2019, according to the latest ManpowerGroup Employment Outlook Survey.

Linda Teo, Country Manager of ManpowerGroup Singapore, comments on the upbeat hiring outlook for the services sector specifically: "Optimistic about business prospects, companies specialising in digitisation software and other digital services are hiring more actively than ever to secure talent specialising in software development and e-commerce".

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 to see a decrease in employment at their location in the next quarter.

Over in Hong Kong, employers report the strongest hiring intentions in seven years for Q2 2019, with active labour markets expected in the mining & construction and services sectors.

"Ultimately the biggest piece of insight I can give is for job seekers to understand the skills gap, understand that there is work out there, but understanding what you're skill set versus what's skill set that's needed and bridging that gap", Borhot said.

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Within these two sectors, the former saw a four percentage-point increase in hiring intentions while on the other hand, the latter saw a 4 percentage-point decline in hiring prospects. Moderate hiring activity is forecast for three regions with Net Employment Outlooks of +7%: Free State, Gauteng and Western Cape.

However, hiring prospects improve in three sectors, most notably by 14 percentage points in the Agriculture, Hunting, Forestry & Fishing sector and by 5 percentage points in the Electricity, Gas & Water sector. The public service administration, finance and insurance markets are also expected to see job gains.

Participating employers are categorised into one of four organisation 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. One percent were unsure of their hiring plans. The data released by ManpowerGroup also revealed a seven-percentage-point decrease from the same period previous year.

Globally, research for the second quarter of 2019 reveals employers expect to add to payrolls in 40 of 44 countries and territories in the period up to the end of June. The survey encompassed more than 60,000 employers around the world, including more than 11,600 in the US.

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