q3 2014 linkedin economic confidence outlook
DESCRIPTION
The LinkedIn Economic Confidence Outlook (LECO) is a survey of global business leaders. The Q3 2014 LECO survey was conducted during September 2014. More than 13,000 LinkedIn members, director-level and above, from various industries responded to the survey. Follow our Economic Graph Showcase Page at: https://www.linkedin.com/company/linkedin-economic-graphTRANSCRIPT
About the Survey
The LinkedIn Economic Confidence Outlook is a survey of Global Business Leaders. The survey was conducted during February, May and September 2014. More than 13,000 executives per wave from various industries responded to each survey.
The Economic Confidence Outlook comprises the following measures: Global Economy: Business leaders’ views of the global economy Country Economy: Business leaders’ views of their countries economy Perceptions of Industry: Business leaders’ views of their industry Perceptions of Company: Business leaders’ views of their company Hiring expectations: Business leaders’ hiring plans at their company
Executives were located in Australia, Belgium, Brazil, Canada, France, Germany, India, Italy, Japan, Spain, Sweden, Switzerland, the Netherlands, the United Kingdom and the United States.
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Bra
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Fra
nce
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
71% 71%68%
63%
51%48%
47%44%
39% 39%37%
35% 35%
27% 26%
61%
52%
56%
51%
41%
30%27%
36%33%
20% 20%
31% 32%
28%
19%
2014 Q2 2014 Q3
Positive sentiment towards the global economy continues to wane amongst executives in almost all countries
Global Economy Optimism% of professionals who think the global economy will get better
Question: Over the next 6 months, do you think the global economy will get better, worse or stay the same? ©2014 LinkedIn Corporation
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1018 20
86 19
174
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Be
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Au
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Fra
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Bra
zil0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
90%
73%
66%
58%
47% 46% 45%44%
41%
37% 35%
28%25%
13%10%
87%
62%
58% 58%
25%
35%
44%
33%
19%
25%
37%
19%
25%
8%
14%
2014 Q2 2014 Q3
©2014 LinkedIn CorporationQuestion: Over the next 6 months, do you think the your country’s economy will get better, worse or stay the same?
Country Economy Optimism% of professionals who think their country economy will get better
Positive sentiment towards their country’s economy appears to be taking a negative turn amongst executives in most countries
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Italy
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Fra
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0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
64%
51%
47% 47%45%
40% 40%
36% 36% 36% 35% 35%32% 32%
30%
60%
50%
41%
46%
42%40% 39%
32%
39%
32%35%
38%
30%28%
26%
2014 Q2 2014 Q3
©2014 LinkedIn Corporation
Positive sentiment towards hiring appears to be decreasing slightly among executives in many countries
Question: Over the next 12 months, do you think staffing levels in your organization will increase, decrease or stay the same?
Hiring Optimism% of professionals who think their company will increase staffing levels
4
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44
3
Industry Optimism
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0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
85% 84%
78%76% 76% 75% 74% 73% 73% 72% 71% 71% 70%
65%
80%82%
73%71%
73% 74%71%
76%74%
68%70%
67%69%
64%
2014 Q2 2014 Q3
©2014 LinkedIn Corporation
Executives remain equally optimistic about their industry QoQ; staffing, architecture/engineering, retail, & media are down slightly
Industry Optimism% of professionals who are optimistic about their industry growth
Question: Over the next 6 months, are you optimistic or pessimistic about the growth prospects of your industry?
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20%
30%
40%
50%
60%
70%
80%
90%
100%
84%82%
79% 79% 79% 79% 78% 78%76% 76% 74% 74% 73%
65%
81% 81%
75% 76%78% 77% 76% 76%
72%76%
71%
77%
71%
65%
2014 Q2 2014 Q3
©2014 LinkedIn Corporation
Executives remain equally optimistic about their company QOQ; staffing, architecture/engineering, and hardware are down slightly
Company Optimism% of professionals who are optimistic about their company growth
Question: Over the next 6 months, are you optimistic or pessimistic about the growth prospects of your company?
344
3
Country Optimism
Australia
Hiring (% Increase)
Country Economy (% Better)
Global Economy (% Better)
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
39%
25%
31%
36%
25%
35%
35%
23%
39%
2014 Q1 2014 Q2 2014 Q3
©2014 LinkedIn Corporation
Hiring (% Increase)
Country Economy (% Better)
Global Economy (% Better)
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
28%
25%
30%
32%
37%
48%
31%
43%
51%
2014 Q1 2014 Q2 2014 Q3
©2014 LinkedIn Corporation
Belgium
Hiring (% Increase)
Country Economy (% Better)
Global Economy (% Better)
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
38%
14%
28%
35%
10%
27%
41%
17%
32%
2014 Q1 2014 Q2 2014 Q3
©2014 LinkedIn Corporation
Brazil
Hiring (% Increase)
Country Economy (% Better)
Global Economy (% Better)
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
40%
37%
32%
40%
35%
35%
36%
36%
40%
2014 Q1 2014 Q2 2014 Q3
©2014 LinkedIn Corporation
Canada
Hiring (% Increase)
Country Economy (% Better)
Global Economy (% Better)
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
26%
8%
19%
30%
13%
26%
30%
20%
36%
2014 Q1 2014 Q2 2014 Q3
©2014 LinkedIn Corporation
France
Hiring (% Increase)
Country Economy (% Better)
Global Economy (% Better)
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
41%
25%
20%
47%
47%
39%
44%
50%
43%
2014 Q1 2014 Q2 2014 Q3
©2014 LinkedIn Corporation
Germany
Hiring (% Increase)
Country Economy (% Better)
Global Economy (% Better)
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
60%
87%
61%
64%
90%
71%
60%
53%
51%
2014 Q1 2014 Q2 2014 Q3
©2014 LinkedIn Corporation
India
Hiring (% Increase)
Country Economy (% Better)
Global Economy (% Better)
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
30%
19%
27%
32%
41%
47%
30%
34%
44%
2014 Q1 2014 Q2 2014 Q3
©2014 LinkedIn Corporation
Italy
Hiring (% Increase)
Country Economy (% Better)
Global Economy (% Better)
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
32%
35%
33%
36%
46%
39%
36%
45%
43%
2014 Q1 2014 Q2 2014 Q3
©2014 LinkedIn Corporation
Japan
Hiring (% Increase)
Country Economy (% Better)
Global Economy (% Better)
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
39%
58%
51%
40%
58%
63%
33%
53%
58%
2014 Q1 2014 Q2 2014 Q3
©2014 LinkedIn Corporation
Spain
Hiring (% Increase)
Country Economy (% Better)
Global Economy (% Better)
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
42%
33%
41%
45%
44%
51%
42%
50%
55%
2014 Q1 2014 Q2 2014 Q3
©2014 LinkedIn Corporation
Sweden
Hiring (% Increase)
Country Economy (% Better)
Global Economy (% Better)
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
32%
19%
20%
36%
28%
37%
33%
25%
41%
2014 Q1 2014 Q2 2014 Q3
©2014 LinkedIn Corporation
Switzerland
Hiring (% Increase)
Country Economy (% Better)
Global Economy (% Better)
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
35%
58%
52%
35%
66%
71%
30%
67%
69%
2014 Q1 2014 Q2 2014 Q3
©2014 LinkedIn Corporation
The Netherlands
Hiring (% Increase)
Country Economy (% Better)
Global Economy (% Better)
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
50%
62%
56%
51%
73%
68%
49%
71%
67%
2014 Q1 2014 Q2 2014 Q3
©2014 LinkedIn Corporation
The United Kingdom
Hiring (% Increase)
Country Economy (% Better)
Global Economy (% Better)
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
46%
44%
36%
47%
45%
44%
43%
45%
40%
2014 Q1 2014 Q2 2014 Q3
©2014 LinkedIn Corporation
The United States of America
©2014 LinkedIn Corporation. All Rights Reserved.