Latest News  

Manpower: Romania's labor market, more prudent in the first quarter of 2019

More than two thirds (70 per cent) of employers in Romania anticipate no changes in the size of their payrolls in the first quarter (Q1) of 2019, the largest percentage in over two years, and this suggests the labor market is more prudent than it has been in recent quarters, according to the ManpowerGroup Employment Outlook Survey for the January-March 2019 interval.

2019-01-08 19:31:58

About 20 per cent of Romanian employers anticipate adding to their payrolls in the first quarter of 2019, while 9 per cent anticipate decreases in the size of their workforce, the same survey showed. The Net Employment Outlook stands at a positive +15 per cent, trending slightly softer than in both Q4/2018 (by 2 percentage points) and Q1/2018 (by 1 percentage point).

A high percentage of employers (82 per cent) who do not intend any changes to their workforce in Q1 2019 is reported in industry sectors such as Agriculture, Hunting, Forestry and Fishing, and Mining and Quarrying.

However, the hiring perspectives continue to be favorable in all but one of the ten sectors analyzed, according to ManpowerGroup. For example, employers in Manufacturing are the most optimistic and report a Net Employment Outlook of +26 per cent while those in the Finance, Insurance, Real Estate & Business Services sectors are also optimistic, reporting a +23 per cent Net Employment Outlook. Solid employment perspectives are also reported in the Wholesale and Retail Trade sector, where the Outlook for Q1/2019 stands at +20 per cent, Transport, Storage and Communication, with an Outlook of +19 per cent, and Construction, with an Outlook of +18 per cent. The only negative Outlook of -11 per cent is reported in the Electricity, Gas and Water Supply sector.

The same survey said that employers in all eight regions anticipate payroll gains in the first three months of 2019, with employers in the South and Bucharest & Ilfov regions being the most optimistic – Net Employment Outlooks of +20 per cent. Meanwhile, the employers in the South-East region report the least optimistic regional Outlook of +9 per cent.
The same data showed that organizations of all sizes plan to add to their payrolls in January-March 2019, with the strongest labor market being expected by employers in the Large category, who report an Outlook of +24 per cent. Meanwhile, the most cautious hiring plans are reflected in the Outlook of +4 per cent reported by employers in micro-organizations.

Started in 1962, the ManpowerGroup Employment Outlook Survey now polls over 60,000 employers in 44 countries and territories to measure their intentions to increase or decrease the number of employees in their workforce during the next quarter. In Romania, the Q1/2019 survey was conducted by InfoCorp Ltd. between October 17 and October 30, 2018 on a representative sample of 625 employers.




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
3Pillar Global hired 72 professionals this year, looking for further recruitments

Global custom software development company hired 72 IT specialists in 2019, adding to the team of 500 professionals working in the company's Romanian offices located at Cluj-Napoca, Iasi and Timisoara.

 Read Full article »
JLL: Total office space in Bucharest to reach 3 million sqm

The second quarter of 2019 reconfirmed the increased interest for the office market in Romania. Over 115,000 square meters of office space were leased over this period at the national level, a value similar wit

 Read Full article »
Horváth & Partners launches Steering Lab, Big Data and Machine Learning-based excellence center

Management consultant Horváth&Partners announced it launched an excellence center in Romania, Steering Lab, AI-based and using tools of Big Data and Machine Learning.

 Read Full article »
Colliers International takes over the property management of Vastint's Business Garden Bucharest

The real estate consultancy company Colliers International will be in charge with the property management of the office compound Business Garden Bucharest, developed by Vastint in Orhideea area in Bucharest.

 Read Full article »
Survey: Romanians switch to a lower-paying job for other advantages

One out of five Romanians took at least once throughout their career a lower-paying job and two out of five would take a lower-paying job in exchange for other advantages they see as more valuable, a survey con

 Read Full article »
Fujitsu named a leader in Gartner Magic Quadrant for Data Center Outsourcing and Hybrid Infrastructure Managed Services, Europe

Gartner has once again named Fujitsu a Leader in the 2019 Gartner Magic Quadrant for Data Center Outsourcing and Hybrid Infrastructure Managed Services, Europe. This is the seventh consecutive year that Fujitsu

 Read Full article »
KKR enters exclusive negotiations with GBL for Webhelp Group

KKR, a leading global investment firm, announces it has entered into exclusive negotiations to sell a majority stake in the Webhelp group to Groupe Bruxelles Lambert (GBL). GBL will invest alongside Webhelp's

 Read Full article »
TELUS International continues to grow in Bucharest

In order to support the extensive hiring planned for TELUS International in Bucharest this year, the company has acquired 1,200 sqm more space, in addition to the 8,800 sqm office space it has in AFI Park.

 Read Full article »
EY: Four out of five companies plan to reduce their legal spend over the next two years

Eighty-two percent of companies plan to reduce their legal function costs over the next two years, with 42 per cent of respondents planning on doing so by more than 10 per cent, according to a new report releas

 Read Full article »
ANCOM: About 15 million connections affected by security

About 15 million connections were affected in 2018 by security incidents that had in view the security and integrity of electronic communications networks and services, most of them being about mobile telephony

 Read Full article »
 
 
 
MOST READ ARTICLES
» Raiffeisen Bank Romania outsources onl...
» Horváth & Partners launches Steering ...
» JLL: Total office space in Bucharest t...
» Colliers International takes over the ...
» SSC in Romania. Who takes the lion's s...
» Oracle results pushed down by a strong...
» Survey: Romanians switch to a lower-pa...
» Genpact, Luxoft and Oracle, top lessee...
» Romanian employers report the stronges...
» Eucom: Nine out of ten corporate Roman...
 
EDITOR CHOICE
My HR Lab: Research of suitable candidates and giving feedback to rejected ones, the biggest challenge in HR

During June 2019, My HR Lab company run an online (social media platforms) survey "Challenges of the recruitment process" which enrolled over 100 professionals working in HR and recruitment in Romania.

 Read Full article »
The local market needs more added-value and complex projects to be developed by the companies

The statement has been uttered within this year's Romanian Outsourcing and Shared Services Summit by Catalina Dodu, Country Manager at Atos, pointing to the local enablers that could enhance the innovation and

 Read Full article »
The office market at a glance: The round for tenants is on

Data provided by CBRE show that the office spaces segment will continue to grow rapidly in 2019, and 15 new projects covering 304.000 sqm will be delivered. According to the real estate consultancy agency, curr

 Read Full article »
People Empowering Business Forum 2019 to take place on October, 30 at Bucharest

Latest trends like demographic upheaval, globalization, digital technology, and changing social values and worker expectations, are disrupting business models and radically changing the workplace. These are req

 Read Full article »
Addressing the mantra of cyber-security: Confidentiality, integrity and availability

The fast advancement of technology in all the aspects of everyday life, either personal or professional, and the emerging of AI (Artificial Intelligence) and ML (Machine Learning), not to mention cloud technolo

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