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
Recruitment, retention and professional development of employees in the context of major changes in outsourcing

The Business Service Leaders Association (ABSL) organizes on May 24, 2018, at Ramada Hotel in Iasi, the conference "How HR Practices evolve in a period of major changes in outsourcing Industry". The third editi

 Read Full article »
Comdata acquires CCA International, deal should be finalized in June

After the acquisition, mid-2017, and the successful integration of B2S (now Comdata France), the Comdata group signed, yesterday, an agreement on the acquisition of CCA International, the company says.

 Read Full article »
ABSL Romania is offering 30 scholarships every year for postgraduate studies

Business Service Leaders Association Romania (ABSL) annually offers 30 scholarships in the Business Services Master program for young people wishing to pursue a career in the outsourcing industry. As a result o

 Read Full article »
Portland Trust and Ares Management LP have sold the suburban office park, Oregon Park, to Lion's Head Investments

Lion's Head Investments makes its first steps into the Romanian real-estate market and announces the acquisition of Portland Trust's and Ares Management's Oregon Park project, which consists of three class A Of

 Read Full article »
Amazon creates more than 650 new permanent jobs in Bucharest

Amazon and Amazon Web Services (AWS) today officially opened a new Corporate Office and Technology Development Centre in Bucharest and announced the creation of more than 650 permanent, technology-focused and c

 Read Full article »
Portland Trust's Oregon Park in Bucharest wins CEEQA's "Overall Building of the Year SEE"

Portland Trust, a commercial real estate developer and asset manager headquartered in Prague, announcesd that Building B at its Oregon Park office complex in the Romanian capital of Bucharest won the 2018 CEEQA

 Read Full article »
US Kellogg's opens new division at Bucharest

The US-based multinational food producer company, Kellogg's announced that it will create 50 jobs at its Bucharest centre by the end of 2018, by opening a new division at the Bucharest centre. The new positions

 Read Full article »
Techsylvania 2018 lines up powerful tech specialists at Cluj-Napoca between June 9-12

Techsylvania is the leading technology event in Eastern Europe, built to revitalize the local tech community through high-quality information delivered by worldwide experts in the IT&C industry. Engineers, deve

 Read Full article »
Accenture names Gianrodolfo Tonielli in the position of Country Managing Director in Romania

Starting May 2018, Gianrodolfo Tonielli takes over the position Country Managing Director of Accenture Romania, the company announced.

 Read Full article »
Atos and Google Cloud form a global partnership to deliver secure hybrid Cloud, machine learning and collaboration solutions to the enterprise

Atos, a global leader in digital transformation, has entered into a global agreement with Google Cloud to address the digital transformation needs of enterprise customers. This agreement will see the creation o

 Read Full article »
 
 
MOST READ ARTICLES
» The most appreciated companies from th...
» ROMANIAN OUTSOURCING AWARDS FOR EXCELL...
» DTZ: Office demand outside Bucharest t...
» Capgemini to open new office at Suceav...
» Molson Coors started to grow its busin...
» Romania, Europe's third and world's 13...
» Committed to growth
» Romanian software group expands to Bul...
» EXCLUSIVE: ABSL Timisoara - BPO and SS...
» Genpact's COO: Staying ahead of the cu...
 
EDITOR CHOICE
We meet again at OT Learning & Development on June 7th

The Second Edition of OT Learning & Development roundtable will be held on June 7, 2018 at InterContinental Hotel Bucharest. The event brings together the business services professionals to discuss and discover

 Read Full article »
The Outsourcing industry announces its winners at Romanian Outsourcing and Shared Services Awards, 2018 edition

Last night, Outsourcing Today and the Diplomat-Bucharest awarded the performance and excellence in business at the 4th edition of Romanian Outsourcing and Shared Services Awards ceremony, organized at Radisson

 Read Full article »
Ciprian Dan, Wipro BPS: The industry needs to take a more sophisticated turn

According to Ciprian Dan, Location Head at Wipro BPS, the language skills have not ceased to remain one of the competitive advantages for our market but to relate to this advantage as the sole plus is risky on

 Read Full article »
Olga Botusan, Stefanini: There is a huge need to develop particular skills for specific areas

Stefanini is a company strongly involved in the business shared industry not only for creating the demand for workforce and hiring but also for the programs developed in order to specialize the needed professio

 Read Full article »
Romanian Outsourcing & Shared Services Summit: In the search of the best strategy to stay relevant

Currently, according to companies operating in outsourcing and business shared services in Romania, there is an intense discussion regarding the availability of prepared workforce in the industry. Even if the c

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