Belgian employers optimistic as they look ahead to 2019
Positive hiring plans for Q1/2019 in all three regions and in all 10 sectors
surveyed by ManpowerGroup
- Belgian Net Employment Outlook shows a positive value for the seventh consecutive quarter and stands at the same level as the previous quarter +6
- Outlooks are positive in all three regions: +6 in Flanders, +3 in Brussels and in Wallonia.
- Job gains are anticipated in all 10 industry sectors during Q1 2019
- Large and Medium-size employers report healthy hiring intentions with Net Employment Outlooks of +28 and +24, respectively
- Payroll gains are expected in 43 of 44 countries and territories surveyed in the world and in all 26 countries in the EMEA region( Europe, Middle East and Africa)
- Download or read the full, latest ManpowerGroup Employment Outlook report in our new ManpowerGroup Knowledge Center. Also download our infographic (www.manpowergroup.be).
Brussels, 11th December 2018 – According to ManpowerGroup’s Outlook published today, recruitment activity should maintain the same pace during the first quarter of 2019. At national level, 8% of the 752 Belgian employers interviewed by ManpowerGroup at the end of October expect to increase staffing levels between now and the end of the year, whereas only 3% plan to reduce staff. 86% of employers included in the survey forecast no change. After seasonal adjustment, the Net Employment Outlook – the difference between the percentage of employers expecting to hire staff and the percentage of those planning to reduce staff – stands at an optimistic +6, the same level as in the previous quarter. When compared with this time one year ago, employers report an improvement of 3 percentage points.
"Our survey reports a positive Outlook for the 7th consecutive quarter and employers’ hiring plans came to fruition with steady recruiting throughout 2018, mainly in the private sector", explains Philippe Lacroix, Managing Director of ManpowerGroup BeLux. "Today, despite a slight slow-down in the temporary work market, the dynamics within the recruitment market are intensifying. Due to labour shortages, employers struggle to recruit and so are more willing to offer permanent contracts in an attempt to capture the talent they need." Looking ahead, Philippe Lacroix advises caution: "These optimistic forecasts could be quickly shelved as uncertainty continues to prevail in the geopolitical context, whether due to the political situation in Belgium, Brexit or the economic climate in general."
Optimism in all three regions
Positive Outlooks in all 10 industry sectors
Hiring foreseen in large and medium-sized businesses
Positive hiring intentions in 43 of 44 countries and territories surveyed
- Employers forecast varying levels of job gains in 43 of 44 countries and territories during the January-March time frame, with only employers in Argentina (-4) showing a negative Outlook. Hiring intentions for the coming quarter are stronger in 16 of 44 countries and territories when compared with the prior quarter, weaken in 23 and are unchanged in five. In a comparison with this time one year ago, Outlooks improve in 21 countries and territories, decline in 20, and are unchanged in two**
- Strongest and weakest hiring plans: First-quarter hiring confidence is strongest in Japan (+27), Taiwan (+21) and the U.S. (+20), where the Outlook is the strongest since 2006, while employers in Argentina report the weakest and the only negative hiring intentions (-4). During the first quarter of 2019, the hiring climate in India (+12) is expected to be broadly in line with the final quarter of 2018, while Chinese employers (+10) report an improvement on the previous quarter
- Job gains are expected for all 26 Europe, Middle East & Africa (EMEA) region countries in the survey during the first quarter of 2019. In comparison to last quarter, employers in eight countries report stronger hiring prospects, but hiring plans weaken in 15. When compared with the same period last year, forecasts strengthen in 12 countries but decline in 13. The strongest EMEA labor markets in the coming quarter are anticipated in Slovenia (+19) and Greece (+18). Employers in Europe’s four largest economies expect first-quarter job gains. For the fifth consecutive quarter, German employers (+8) report that group’s strongest hiring plans, followed by UK employers (+6). In France (+4), hiring sentiment is slightly stronger both quarter-over-quarter and year-over-year while Italian employers report the most confident hiring plans in eight years (+3). Netherlands’ Outlook declines for the third consecutive quarter (+4). Employers in Switzerland report the most cautious hiring plans in the region (+2).
Presentation of the Survey
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