In the 60th anniversary edition of the ManpowerGroup Employment Outlook Survey of more than 39,000 employers, all countries and territories report a positive outlook for the first time since before the pandemic.
While outlooks improve year-over-year, hiring sentiment weakens compared with Q4 2021 in Taiwan, the U.S., Japan and France.
Digital roles most in demand: IT, Technology, Telecoms, Communications and Media reported the strongest outlook (+50%), followed by Banking, Finance, Insurance and Real Estate (+43%) and Restaurants and Hotels (+40%). The weakest hiring intentions were found in Non-for-profit (+26%) and Primary Production (+29%).
Employers know flexibility is the key to attracting workers in a tight labor market: Organizations expect 51% (of finance) and 29% (of manufacturing and production) workforce to work a hybrid mix of onsite workplace and remote. This is a substantial change since Q2 2021, when only 22% of organizations predicted a shift to a hybrid model.
Not all roles will be hybrid: The Manufacturing and Production industries are most likely to be in the workplace all of the time (55%) whereas roles in IT and telecoms are more likely to be full-time remote (17%).
Q1 Employment Outlook
For the first time since before the pandemic, all 40 countries report positive employment outlooks
For the first time since before the pandemic, all 40 countries report positive employment outlooks
This recovery is unlike any we have seen before with hiring intent picking up much faster than after the previous economic downturn.
Jonas Prising | ManpowerGroup Chairman & CEO
Employer Hiring Expectations for
January – March 2022
In the 60th anniversary edition of the ManpowerGroup Employment Outlook Survey of more than 39,000 employers, 36 of the 40 countries report higher intentions than the previous quarter. Employers globally expect a robust labor market in the first quarter of 2022, reporting a seasonally adjusted, Net Employment Outlook of +37%. Hiring intentions strengthen both year-over-year and quarter-over-quarter, +31% and +13%, respectively.
15% expect to lay off workers
expect to lay off workers
31% plan to keep workforce levels steady
plan to keep workforce levels steady
All Countries Report a Positive Outlook for the First Time Since Before the Pandemic
With strong outlooks across the regions, employers in South and Central Americas reported the most positive outlook (+39%), followed by APAC (+34%), North America (+41%) and EMEA (+28%). Click to explore the data
Employers Share Strong Optimism Across All 40 Countries Surveyed
With strong outlooks across the regions, employers in North (+41%), Central and South Americas reported the most positive outlook (+39%), followed by APAC (+34%) and EMEA (+28%).
Countries With the Strongest & Weakest Hiring Prospects for Q1 2022:
Net Positive Outlooks Optimistic Across Regions, Both YoY & QoQ
The strongest year-over-year improvements
are reported in Panama (+51%), Netherlands (+45%) and Brazil (+45%).
The strongest quarter-over-quarter improvements are reported in Peru (+47%), Argentina (+31%), the Portugal (+29%) and Hong Kong (+29%).
Worldwide Growth Expected Across All 11 Industries
Digital roles are most in-demand globally: IT, Technology, Telecoms, Communications and Media reported the strongest outlook (+50%), followed by Banking, Finance, Insurance and Real Estate (+43%) and Restaurants and Hotels (+40%).
*Includes: Agriculture, Forestry and Fishing; Mining and Quarrying; Electricity; Gas and Air Conditioning Supply; Water Supply; Sewerage, Waste Management and Remediation Activities.
**Includes: Professional, Scientific and Technical Activities; Administrative and Support Services; Other Service Activities.
Large Organizations Report Strongest
Hiring Intentions
Hiring intentions in EMEA Improve in All Countries YoY For Second Consecutive Quarter
Compared with Q4, 2020 hiring intentions improve in 22 countries and decline in one (France, -1%).
Employers in the UK report outlooks of 32%, up 2% since last quarter with strongest expectations in London and most optimistic outlooks in IT, Technology, Telecoms, Communications & Media.
Organizations in France report an outlook of 26%, down 1% QoQ, with most optimistic hiring intentions in Banking, Finance, Insurance and Real Estate.
STRONGEST HIRING INTENTIONS:
Netherlands (+47%), Ireland (+47%) and Portugal (+37)
WEAKEST HIRING INTENTIONS:
Czech Republic (+14%), Greece (+16%) and Hungary (+19%)
Central & South American Employers Especially Optimistic
Hiring intentions improve in 9 countries when compared to both Q4 2020 and this time last year, weakening in one (U.S., -5%).
Peruvian employers report the most positive hiring intentions amongst the 40 countries.
Growth is expected in all 11 industry sectors, 7 regions and company sizes with the strongest intentions in more than 13 years.
STRONGEST HIRING INTENTIONS:
Peru (+51%), Brazil, (+47%) and Mexico (+45)
WEAKEST HIRING INTENTIONS:
Costa Rica (31%), Guatemala (+36%) and Canada (+37%)
Majority of Asia Pacific Employers More Optimistic to Hire
Hiring sentiment strengthens in 5 countries and territories QoQ while weakening in two; Singapore and Taiwan.
In India employers report record-high hiring intentions, improving +5 percentage points compared to Q4, and +43% on the previous year.
The region improves +13% since last quarter, and +27 when asked this the same time last year.
STRONGEST HIRING INTENTIONS:
India (+49%), Hong Kong, (+37%) and Australia (+37%)
WEAKEST HIRING INTENTIONS:
Japan (+11%), Taiwan (+13%), and Singapore (+14%)