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In the latest edition of the ManpowerGroup Employment Outlook Survey of nearly 39,000 employers, 29 of the 41 countries report an increase in hiring intentions higher than in the previous quarter. Employers around the world continue to anticipate hiring more workers in the third quarter of 2023, reporting a seasonally adjusted, Net Employment Outlook of +28%. Global hiring intentions are down 4% versus Q3 2022 but rose slightly compared to the previous quarter (+5%).

Key Findings

  • All regions showed a net positive hiring outlook, though hiring plans are weaker year-over-year globally.

  • North America continues to hold the strongest outlook (+35%), followed by Asia Pacific (+31%), and South and Central America (+29%), with Europe, Middle East and Africa reporting the weakest (+20%).

  • Digital roles continue to drive the most demand globally with businesses in the IT industry reporting the brightest outlook for the third time this year but weakening -7% compared with Q3 2022.

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Hiring expectations remain the lowest, although steady, in the EMEA region (+20%), moderately increasing (+2%) since last quarter and slightly weaker since Q3 2022 (-3 percentage points). Outlooks vary across the region with employers most keen to hire in the Netherlands (+39%), South Africa (+34%), and the UK (+29%). Weakest Outlooks are in Slovakia (10%), Austria (11%), and Italy (11%). France and Italy report a weaker outlook compared to Q2, both declining by 5%. Strongest hiring intentions globally for the Industrials & Materials industry sector are reported by employers in the Netherlands (51%), and Transport, Logistics, and Automotive in Ireland (56%).

“This data suggests employers are planning more measured hiring for the quarter ahead as they navigate a range of local and macro level challenges from supply constraints to uneven consumer confidence and rising inflation. That said, attracting and retaining business critical talent remains a priority, and our survey respondents around the world continue to be focused on hiring for in-demand roles.” – Jonas Prising, Chairman & CEO

Download the report to learn more and visit https://go.manpowergroup.com/meos to explore the data.