Latest News  

Romanian hiring forecast for Q3 gets fifth worldwide position, after India, Japan and Taiwan

About three out of 10 Romanian employers forecast an increase in staffing levels in the July – September 2016 interval, with hiring intentions shifting up 8% over the previous year and enjoying a 3% quarterly rise, according to Manpower.

2016-06-14 11:28:25 - by Bogdan Tudorache

The overall net figure of new employment is of 16% for the third quarter (Q3/2016), being exceed just by India, with 35%, Japan (22%), Taiwan (17%) and Guatemala (with a similar 16%).

Romania has the strongest hiring plans out of the Emerging Europe, Middle East and Africa (EMEA) countries. And for the first time in eight years, not a single EMEA forecast is negative, with employers in 23 of 25 EMEA expecting varying degrees of payroll growth.

Hiring intentions for Q3 are the strongest they've been in the past eight years, according to the Romanian employers interviewed for most recent edition of the Manpower Employment Outlook Survey. Of the 625 employers interviewed, 29% indicated they planned to increase their payroll during the July – September 2016 timeframe, while only 7% anticipated a decrease and 64% foresaw no change, resulting in a seasonally adjusted Net Employment Outlook of +16%, the strongest in the EMEA region, and one of the 5 strongest across the 43 countries and territories included in the survey.

"The notable quarter-on-quarter and year-on-year shifts, of 3 and 8 percentage points, respectively, are a positive indicator for recent graduates preparing to enter the workforce this summer, and for the economy as a whole. Signs of a renewed appetite for hiring are observable both through our research, and in practice, and we hope they will be accompanied by increased interest and investment in developing the talents needed for what we trust will remain a dynamic labor market," says ManpowerGroup Romania's country manager, Valentin Petrof.

Payrolls are forecast to increase in eight of 10 industry sectors and all eight regions during the July-September period. The strongest forecast is reported by employers in the Manufacturing sector, where the +36% Outlook reflects robust hiring intentions and, for the first time, matches the strongest Outlook to date, reported in the sector when the survey began in Q2/2008. Hiring plans in the Manufacturing sector strengthen by 8 percentage points over Q2/2016, and by 16 percentage points over Q3/2015.

This is one of the three most notable year-on-year shifts, alongside those in the Construction and in the Public and Social sectors, where employers also report a 16 percentage point improvement over the July – September 2015 interval. The weakest hiring plans are once again forecast by employers in the Electricity, Gas & Water Supply sector, but the -2% Net Employment Outlook is nevertheless 3 percentage points stronger than in Q2/2016 and improves over Q3/2015 by 7 percentage points.


Employers in the North-West employers report the strongest of the eight regional Outlooks (+26%), improving by 9 percentage points quarter-over-quarter and by a steep margin of 21 percentage points when compared with Q3/2015. Employers in the Center and South regions are also more optimistic than last year at this time, with Q3/2016 Outlooks improving over Q3/2015 by 13, respectively 11 percentage points, to reach +25%, respectively +14%. Forecasts in the Center region are stronger than they have been since Q2/2008. The least optimistic Outlook, of +3%, is reported in the North-East region,


Hiring perspectives continue to be positive in organizations of all sizes, with employers in large organizations once again reporting the most favorable hiring climate, with an Outlook of +25%, the strongest in 8 years (Q3/2008) and employers in micro-organizations being the most cautious, with an Outlook of +7%.

"The fact that the Q3/2016 Outlooks of several geographical areas and industry sectors are matching or coming close to values reported in 2008 is a reason for job-seekers to be optimistic, but they should remain aware that the new opportunities created now can be fundamentally different from those lost in the recession, in terms of job profiles and skills requirements, and position themselves to take advantage of the new dynamics," adds Valentin Petrof.


0 COMMENTS ^ Go back to Top
WRITE A COMMENT ^ Go back to Top
 
Your email address will not be published.
Nickname
Email
Comment
Validation Code
   
 
 
NEWS
Four companies represent Romania in Deloitte 2017 Technology Fast 500TM EMEA rankings

Trencadis, Tremend, APSISWARE and Qualitance represent Romania in this year's Deloitte's Technology Fast 500 rankings for Europe, the Middle East, and Africa (EMEA).

 Read Full article »
ABB opens the first robotics training centre in Romania

Industrial robotics giant ABB has opened what is said to be the "first-ever" robotics centre in Romania,a public-private partnership between ABB and the Polytechnic University in Bucharest.

 Read Full article »
Romania's IT industry could grow at an annual pace of 9 percent until 2025

Romania's IT industry could grow at an annual pace of 9 percent until 2025 and cooperation among the relevant entities is the key to the future, president of the Smart Alliance cluster Gabriel Munteanu told t

 Read Full article »
Vitruvian Partners investment fund has purchased 30pct of Bitdefender from Axxess Capital

The Vitruvian Partners investment fund has purchased 30pct of Bitdefender from Axxess Capital, thus becoming the second biggest shareholder of the company evaluated at over USD 600 million, the software produc

 Read Full article »
Accenture pledges thousands of hours to bring coding to students

Accenture employees across 56 countries have pledged to complete more than 10,000 Hours of Code and lead coding tutorial sessions around the world during Computer Science Education Week, Dec. 4-10, as part of t

 Read Full article »
CTP was nominated in four categories at the CIJ Awards Gala 2017

CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, was nominated in four categories at the tenth edition of CIJ Awards Gala, which will take pla

 Read Full article »
How does leadership look today?

This summer, Outsourcing Today organized LEARNING & DEVELOPMENT Roundtable at InterContinental Hotel in Bucharest. The event brought together the business services professionals to discuss and discover new tool

 Read Full article »
Ericsson names new Romania country manager

Swedish telecom equipment maker Ericsson named Dragos Mircea Rebegea as new country manager for Romania.

 Read Full article »
Workplace – Building new approaches

The real estate market in Romania is living the wobbly times, in consonance with everything that is happening in Romania. The growing Euro rate and the instability and unpredictable times make of Romanian consu

 Read Full article »
Embracing limitless learning

The growth of any business relies on the development of its own people that consists it. That is no wonder that, in an industry such as outsourcing and IT that learns together with its shareholders how to adjus

 Read Full article »
 
 
MOST READ ARTICLES
» Committed to growth
» TELUS International: How customer serv...
» Stay updated on People in Shared Serv...
» Genpact to hire more than 10,000 peopl...
» Luxoft expands Asia Pacific presence w...
» Leoni to open new SSC in Cluj, cut job...
» IBM leases 18.000 sqm in Forte Partner...
» Exclusive OT: Iasi business services e...
» TELUS International Europe: How Millen...
» Romanian real estate investments up 80...
 
EDITOR CHOICE
TELUS International: How customer service significantly improves with diversity in the workplace

Discover how cultivating a diverse workforce helps companies enhance their brand, attract top talent and deliver exceptional customer service

 Read Full article »
Committed to growth

In the current swelling race of reaching the perfect algorithm for growth, companies operating various outsourcing services in Romania all relate to the main key drivers for business development in which people

 Read Full article »
Shifting the workplace perspective towards high-end added value

This month, OUTSOURCING TODAY organized The Workplace of the future in IT and Outsourcing at Caro Hotel Bucharest, a new concept event meant to connect fast-growing corporate tenants from IT and outsourcing ind

 Read Full article »
Andrei Romanescu, Managing Director of Veeam Romania: Outsourcing sector, a decade evolution

Since the early 2000s, this sector has grown at a significant rate (about 20-30% per year). The industry has evolved from focusing on cost and labour arbitrage to adding value – therefore the growth is not so

 Read Full article »
TELUS International Europe: Discover how successful smart-home providers deliver exceptional customer service

Key Takeaways

• Internet of Things (IoT) connected home devices are making the contact center and customer service more important than ever. • A friendly approach and positive attitude are import

 Read Full article »
Latest News  
 
about us | newsletter | contact | members area
Copyright © 2015 by Diplomat Media Events Design by Diplomat Media Events