Our quarterly employment outlook survey is out and despite inflationary pressures, the talent shortage and the still-present pandemic, we’re pleased to report that major companies are forging ahead with their hiring plans. A full 49% of respondents to the latest ManpowerGroup Employment Outlook Survey reported the intention to hire new employees in the second quarter of ‘22. Only 14% expect to lay off workers.
Our quarterly Employment Outlook Survey measures employers’ intentions to increase or decrease the number of employees in their payrolls in the April-June time period. It’s the most comprehensive, forward-looking employment survey of its kind, used globally as a key economic indicator. And here’s another encouraging statistic: once the data is adjusted to allow for seasonal variation, the Net Employment Outlook for the coming quarter stands at +35%.
And no region is left behind. Workforce gains are anticipated in all four U.S. regions when compared with one year ago, with the West region leading the way.
Growth is expected across all 11 industry sectors, with IT, Technology, Telecoms, Communications and Media reporting the strongest outlook of +51%.
Globally, the United States ranked seventh strongest in hiring intentions for the second quarter, after Canada, Brazil, Colombia, Mexico, India and Sweden.
Importantly, all data was collected during the January Omicron surge, so optimism reigned despite the circumstances at the time.
As always, whether you are decreasing or increasing your workforce or shifting your work models, we can help. Our research, market intelligence and workforce trends analysis can inform your talent strategy for today and tomorrow.
Access the latest employment outlook research to help you make the smartest decisions for your organization.