Private Client Specific Docs

Employment Demand in Singapore Expected to Continue in Q2 2023 Amidst Uncertain Economic Climate

Issue link: https://read.uberflip.com/i/1500293

Contents of this Issue

Navigation

Page 27 of 50

Q2 2023 | ManpowerGroup Employment Outlook Survey ManpowerGroup Proprietary Information | 28 Employers in Europe, Middle East & Africa Report Consistent Outlooks Hiring expectations remain the lowest, although steady, in the EMEA region (+18%), unchanged since Q1 and slightly weaker since Q2 2022 (-4 points). Hungary reports the weakest NEO (+2%), although improving from last quarter (+10 points), perhaps as winter temperatures were not as severe as expected. Stable European expectations follow the slight easing of inflation while the region's dependency on Russian oil and gas reduced in favor of alternative energy providers. For instance, the resource-rich Norway has seen record-high oil and gas profits, allowing the Norwegian economy to boom. Strongest hiring intentions globally for the Transport, Logistics & Automotive industry are found in Norway (+47%), and for Consumer Goods & Services in Switzerland (+36%). Strongest Hiring Intentions Weakest Hiring Intentions Hungary +2% The Netherlands +31% Norway +31% Switzerland +31% Greece +7% Poland +8%

Articles in this issue

view archives of Private Client Specific Docs - Employment Demand in Singapore Expected to Continue in Q2 2023 Amidst Uncertain Economic Climate