manpower employment outlook survey q2 2016

Manpower Employment Outlook SurveyQ2 2016

Wednesday, May 3, 2023

Manpower Employment Outlook Survey – Q2 2016

ManpowerGroup Wednesday, May 3, 2023 2

MEOS Q2 2016 Summary

• Despite economic headwinds, crashing oil prices and stock market turmoil, this is the most optimistic first half-year jobs outlook in a decade

• Upbeat start driven by positive hiring intentions across every region, and stable hiring intentions across most sectors

• Consumer retail hiring intentions hit their highest level since 2007.

• In contrast, Utilities hiring intentions continue to slump. Although up one point to +4, the sector is down thirteen points YoY. The first half of 2016 have been the least optimistic six months for the sector in 11 years

• Construction is on the rise: Construction bounced up six points to +5 after slipping into negative territory last quarter



2009 2010 2011 2012 2013

2014 2015

Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2

-8

-6

-4

-2

0

2

4

6

8

-1

-3

-6-5

-1

1 1 1 12 2

3

10

2 23

6 65

7

5

7 7 76 6 6

5

7 7

2016

MEOS: Since 4Q 2008



Size of company breakdown

• Companies of all sizes have positive hiring intentions• Large businesses down 2 points• Micro businesses remain least optimistic

Large

Medium

Small

Micro

National

16

11

10

4

7

14

12

9

5

7Q2 '16 Q1 '16 n/c

+1

-1

+1

-2

QoQ change



Industry sector breakdown

0

2

3

-1

5

8

6

10

6

7

-1

0

4

5

6

6

7

7

8

7

Q2 '16 Q1 '16

QoQ change

National

Public & Social

Financial & Business Services

Wholesale, Retail, Restaurants & Hotels

Transport, Storage & Comms

Manufacturing

Construction

Utilities

Mining & Quarrying

Agriculture, Forestry & Fishing

n/c

+2

-3

+1

-2

+1

+6

+1

-2

-1



Public/private sector breakdown

Private sector hiring remains firm Public sector hiring dipped slightly

2

3

7

7

7

2

7

7

Q2 '16Q1 '16

n/c

n/c

-1

+5

QoQ change

*Data not seasonally adjusted

National

Private

Public

Not For Profit*



Regions and nations breakdown

9

9

11

6

9

1

8

-2

4

9

9

11

7

2

3

5

6

6

7

7

8

9

10

10

10

7

2Q '16

QoQ change

National

South West

East

London

West Midlands

Northern Ireland

East Midlands

Yorkshire & the Humber

North East

Scotland

South East

Wales

North West

n/c

-1

+1

+1

+5

+10

-1

+6

-3

n/c

-6

-6

-7



UK employment intention heat map: Q2 2016

+6

+6+8

+2+7

+3 +9+7

+5+10

+10

+10

manpower employment outlook survey q2 2016

Data & Analytics