The ManpowerGroup Employment Outlook Survey is the longest running, most extensive, forward-looking employment survey in the world, used as a key economic indicator by both the Bank of England and UK Government.
Creating new roles for organisational growth, backfilling existing vacancies, and filling specific project-based needs continue to drive hiring appetite.
Larger companies are cautiously returning to hire at volume once again after the retrenchment and redundancy rounds seen over recent months, with hiring concentrated on entry-level, non-management and supervisory roles.
ManpowerGroup UK is advising employers to place a greater emphasis on skills-based hiring, workplace culture and employee value positions to attract and retain the best talent going into the next quarter.
Eight in twelve regions report a Net Employment Outlook higher than the UK average of +20%, led by Northern Ireland, followed by the West Midlands and East Midlands.
Businesses in the Healthcare & Life Sciences sector report the strongest Outlook going into the third quarter, increasing +7% versus Q2 2024 and +17% year-over-year. Energy & Utilities report an Outlook of -12%, the first sector to report overall decline in headcounts since Q2 2021.
*Includes: Not for Profit/NGO/Charity/Religious organisation; Other Industry; Other Transport, Logistics and Automobiles Sub-Industry; Educational Institutions; Agriculture and Fishing