Manpower hiring survey is another reason to be optimistic about 2018

16% of bosses on the hunt for new employees

Employment outlook strongest in six years

Wholesale & retail trade sector employers report an increase of 7 ppt while the outlook is 5 ppt stronger in the Services sector. Taiwan with a net employment outlook of 25 per cent topped the list of being most optimistic in terms of hiring intentions for the next three months, followed by Japan (24 per cent) and India (22 per cent) in second and third positions, respectively.

The Manpower Employment Outlook Survey is based on responses from 2,102 United Kingdom employers.

Regionally, the strongest labour market is anticipated in Auckland where the Net Employment Outlook stands at +16%.

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The most optimistic hiring plans for the first quarter of next year come from employers in large organizations, with over 250 employees.

They noted that in 41 of the 43 countries surveyed, hiring intentions are positive for early next year. The Wholesale Trade & Retail sector has recorded even lower hiring prospects with an NEO of +8% for the January-March time frame, a decline of seven percentage points year-over-year.

Employers in the construction sector are also more optimistic than in the past, forecasting their strongest NEO in almost six years, of +21%, up 6 percentage points on the quarter and by 11 percentage points on the year.

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Reporting a net employment outlook of +22%, employers in the services sector anticipate solid workforce gains during the first quarter of 2018. U.S. employers report the region's most upbeat forecast, with more than one in every five surveyed saying they intend to hire in the January-March time frame.

ManpowerGroup New Zealand General Manager Paul Robinson said the latest data affirms the strength of the New Zealand economy and shows that all regions and organisation sizes are benefiting from the robust outlook, although there are noteworthy differences across sectors.

Manufacturers were not far behind with 30 percent planning to take on new staff in the first quarter, a two percent increase from the previous quarter's 28 percent, and a major increase from the 23 seen during the same period past year.

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The ManpowerGroup Employment Outlook Survey was published for the first time in 1962 and is now polling nearly 59,000 employers in 43 countries and territories to measure their intentions to increase or decrease the number of employees in their workforce during the next quarter. The margin of error for all national, regional and global data is not greater than +/- 3.9%.

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