Latest News  

Romanian employers forecast the most subdued hiring pace since Q1 of 2016

The Q2 of 2018 hiring perspectives are positive, but trend moderately weaker both quarter-over-quarter and year-over-year

2018-03-13 13:34:54

Almost 1 in 4 Romanian employers intend to increase the size of their workforce in the April – June 2018 interval, and 7 per cent expect to decrease their payrolls in the same interval, according to the ManpowerGroup Employment Outlook Survey.

However, the seasonally adjusted Net Employment Outlook for Q2/2018 stands at +10 per cent, the weakest in over two years. Perspectives weaken both over Q1/2018, by 5 percentage points, and over Q2/2017, by 8 percentage points.

From a regional standpoint, the strongest hiring perspectives are reported in the Center region, where the Outlook stands at a respectable +17 per cent, weakening however both over the first three months of 2018, and over Q2/2017 by 2, and 7 percentage points, respectively. Hiring intentions weaken in seven of eight regions over the January – March 2018 interval, most notably in the North-West region, where perspectives are 25 percentage points weaker than in Q1/2018, and the Net Employment Outlook stands at a modest +8 per cent. By comparison with Q2/2017, the sharpest drop in confidence is reported by employers in the South-East region, where the Outlook is -1 per cent, 21 percentage points weaker than last year, and 8 percentage points weaker than in Q1/2018. Employers in the South-East region are in fact the country's least optimistic, reporting the only negative regional Outlook for the quarter. On the other hand, employers in the South-West region report the country's second strongest quarterly Outlook, +11 per cent, and expect hiring activity to improve both over Q1/2018 and over Q2/2017. This is the only region nationally in which perspectives are expected to be brighter than in the previous quarter and than last year at this time.

Workforce gains are forecast in eight of the 10 industry sectors analyzed, but perspectives trend weaker than in Q1/2018 in all sectors. The most significant quarter-on-quarter drop is reported in the Transport, Storage and Communications sector, where hiring intentions have weakened by 14 percentage points over the January – March 2018 interval, and the Outlook has slipped into negative territory, at -5 per cent. Also negative, and also weaker than both in Q1/2018 and Q2/2017, are perspectives in the Mining and Quarrying sector, the -6 per cent Outlook reported by employers being the least optimistic nationwide.

Employers in the Manufacturing sector are once again the most optimistic, posting a +25 per cent Net Employment Outlook. However, the Q2/2018 hiring plans in Manufacturing are 11 percentage points weaker than those reported in Q1/2018 and 7 percentage points weaker than those reported in Q2/2017. The most abrupt year-on-year shift in optimism is reported by employers in the Wholesale and Retail trade sector, where the +6 per cent quarterly Net Employment Outlook is 24 percentage points weaker than last year's, and weakens by considerable 10 percentage points also over Q1/2018.


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
Colliers International, designated to obtain WELL certification for Skanska's Campus 6 buildings

Pioneering in the field, Skanska is the first developer to introduce in Romania the WELL Building standard for the newest company's project developed in Bucharest, Campus 6 and its 2 and 3 office buildings, bei

 Read Full article »
Atos signs cybersecurity industry partnership with NATO

Atos, global leader in digital transformation and the NATO (North Atlantic Treaty Organization) Communications and Information Agency today sign an industry agreement to commit to a rigorous and continuous exch

 Read Full article »
Co-working segment: CBRE advises Spaces in the opening of its biggest center in Romania

CBRE, the world and local market leader in real estate consultancy, advised on the leasing transaction of 4,100 sqm office space for the largest center to be opened by Spaces in Romania.

 Read Full article »
Francesca Postolache, Partner PwC joins People in Shared Services & Outsourcing Forum on October 18, at Bucharest

Francesca Postolache, Partner PwC, joins us next Thursday to take forward major subjects such as Digital Transformation and Next-Generation Talent Development.

 Read Full article »
Telekom Romania opens in Brăila its sixth BPO center

Telekom Romania announces the opening in Braila of BPO (Business Process Outsourcing) centre dedicated to companies that need such services and which prefer to rely on a professional and experienced provider

 Read Full article »
Delphi Technologies inaugurates global IT center in Bucharest

Delphi Technologies, a leading provider of advanced propulsion solutions to automotive manufacturers has opened its first multidisciplinary global IT center in Bucharest. This new site will provide information

 Read Full article »
London Stock Exchange Group appoints Andreea Stanescu as General Manager for Romania

London Stock Exchange Group (LSEG) announced that Andreea Stanescu has been appointed General Manager, Romania. Andreea will be reporting to Dee Liyanwela, Head of Business Services Ltd (BSL) Sri Lanka and Roma

 Read Full article »
Google to offer free courses for young programmers and business incubators

Google announced the launch of the "Digital Workshop for Programmers", aimed at offering free courses to students who want to learn to program and young people who want to become technology entrepreneurs. These

 Read Full article »
ANIS scholarships gathered 35 innovative projects since launch

Employers' Association of the Software and Services Industry (ANIS) announced it registered 35 innovative projects within the first edition of its program called "ANIS' Scholarships".

 Read Full article »
Matthieu Pasquier is the new CEO of Societe Generale European Business Services

The Board of Societe Generale named Matthieu Pasquier as the new CEO of Societe Generale European Business Services, effective July 16, the company announced.

 Read Full article »
 
 
MOST READ ARTICLES
» Andrei Romanescu, Managing Director of...
» ROMANIAN OUTSOURCING AWARDS FOR EXCELL...
» Delphi Technologies inaugurates global...
» Exclusive OT print issue: Ericsson - ...
» Opinion: Why Canada, Asia and Australi...
» Isarescu: Economy will grow above pote...
» Ready for People in Shared Services & ...
» Genpact's COO: Staying ahead of the cu...
» Oracle reaches 4,200 employees and pla...
» Colin Lovering to moderate the talks o...
 
EDITOR CHOICE
People in Shared Services and Outsourcing Forum, 2018: What kind of future, tomorrow will bring?

We have just concluded the fourth edition of our annual event People in Shared Services and Outsourcing Forum, the get-together of the Who's Who in the industry of business shared services in Romania.

 Read Full article »
Olga Botusan, Stefanini, keynote speaker at People in Shared Services & Outsourcing Forum on October 18, at Bucharest

This Thursday, at People in Shared Services & Outsourcing Forum 2018, Olga Botusan EMEA HR Director at Stefanini joins us to talk about Digital Transformation and Next-Generation Talent Development.

 Read Full article »
Colin Lovering to moderate the talks of People in Shared Services & Outsourcing Forum on October 18, at Bucharest

The moderator of the 4th edition of the annual event dedicated to the human resources in shared services & outsourcing industry, COLIN C. LOVERING ISM, Chairman of BRCC and Senior VP, Avison Young Real Estate i

 Read Full article »
Andrei Mihai Crăciun joins the speakers of People in Shared Services & Outsourcing Forum on October 18, at Bucharest

Andrei Mihai Crăciun the Head of office for Innovation, Technological Transfer and Intellectual Property Office from West University of Timisoara will be joining us to discuss whether the private-state actors

 Read Full article »
Sergiu Negut, on the stage of People in Shared Services & Outsourcing Forum on October 18, at Bucharest

On October 18th, Sergiu Negut joins People in Shared Services and Outsourcing Forum to share with us his ideas of ways to support the industry's human capital necessities and create a more efficient cooperation

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