manpower employment outlook survey q2 2016
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Manpower Employment Outlook SurveyQ2 2016
Wednesday, May 3, 2023
Manpower Employment Outlook Survey – Q2 2016
ManpowerGroup Wednesday, May 3, 2023 2
MEOS Q2 2016 Summary
• Despite economic headwinds, crashing oil prices and stock market turmoil, this is the most optimistic first half-year jobs outlook in a decade
• Upbeat start driven by positive hiring intentions across every region, and stable hiring intentions across most sectors
• Consumer retail hiring intentions hit their highest level since 2007.
• In contrast, Utilities hiring intentions continue to slump. Although up one point to +4, the sector is down thirteen points YoY. The first half of 2016 have been the least optimistic six months for the sector in 11 years
• Construction is on the rise: Construction bounced up six points to +5 after slipping into negative territory last quarter
Manpower Employment Outlook Survey – Q2 2016
ManpowerGroup Wednesday, May 3, 2023 3
2009 2010 2011 2012 2013
2014 2015
Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2
-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
7 7
2016
MEOS: Since 4Q 2008
Manpower Employment Outlook Survey – Q2 2016
ManpowerGroup Wednesday, May 3, 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
16
11
10
4
7
14
12
9
5
7Q2 '16 Q1 '16 n/c
+1
-1
+1
-2
QoQ change
Manpower Employment Outlook Survey – Q2 2016
ManpowerGroup Wednesday, May 3, 2023 5
Industry sector breakdown
0
2
3
-1
5
8
6
10
6
7
-1
0
4
5
6
6
7
7
8
7
Q2 '16 Q1 '16
QoQ change
National
Public & Social
Financial & Business Services
Wholesale, Retail, Restaurants & Hotels
Transport, Storage & Comms
Manufacturing
Construction
Utilities
Mining & Quarrying
Agriculture, Forestry & Fishing
n/c
+2
-3
+1
-2
+1
+6
+1
-2
-1
Manpower Employment Outlook Survey – Q2 2016
ManpowerGroup Wednesday, May 3, 2023 6
Public/private sector breakdown
Private sector hiring remains firm Public sector hiring dipped slightly
2
3
7
7
7
2
7
7
Q2 '16Q1 '16
n/c
n/c
-1
+5
QoQ change
*Data not seasonally adjusted
National
Private
Public
Not For Profit*
Manpower Employment Outlook Survey – Q2 2016
ManpowerGroup Wednesday, May 3, 2023 7
Regions and nations breakdown
9
9
11
6
9
1
8
-2
4
9
9
11
7
2
3
5
6
6
7
7
8
9
10
10
10
7
2Q '16
QoQ change
National
South West
East
London
West Midlands
Northern Ireland
East Midlands
Yorkshire & the Humber
North East
Scotland
South East
Wales
North West
n/c
-1
+1
+1
+5
+10
-1
+6
-3
n/c
-6
-6
-7
Manpower Employment Outlook Survey – Q2 2016
ManpowerGroup Wednesday, May 3, 2023 8
UK employment intention heat map: Q2 2016
+6
+6+8
+2+7
+3 +9+7
+5+10
+10
+10