Manpower Employment Outlook Survey

Media Release
Manpower Employment Outlook Survey
Embargo till 00:01 GMT, 10 June 2014
Manpower Employment Outlook Survey
Italian hiring prospects an improvement of 2% year-over-year
Net Employment Outlook stands at -8%
The third-quarter survey reveals:
- Third-quarter hiring plans weakens 2 percentage points quarter over quarter, and improve 2
percentage points year over year.
- Employers in all four regions forecast a decline in staffing levels during 3Q 2014. When compared
with the previous quarter hiring prospects weaken in three of the four regions, most notably by 4
percentage points in Middle Italy and by 2 percentage points in the North East.
- Hiring intentions improve in eight of the 10 industry sectors when compared with 3Q 2013.
Milan, 10 June 2014 - ManpowerGroup Italy released today its quarterly Manpower Employment
Outlook Survey showing sluggish hiring prospects for the July-September time frame. With more
than 1,000 employers responding, 5% of employers expect to increase staffing levels, 10%
forecast a decrease and 81% anticipate no change. Once the data is adjusted to allow for seasonal
variation, the Outlook stands at -8%. Hiring intentions have now only been positive for one quarter
in the past six years.
The Outlook weakens by 2 percentage points when compared with the previous quarter. However,
the forecast is 2 percentage points stronger year-over-year, and Outlooks improve in eight of 10
industry sectors and in two of four regions compared to last year at this time.
“Despite the disappointing third-quarter forecast, we do spot some potential opportunities on the
horizon – Stefano Scabbio, President and CEO of ManpowerGroup Italy and Iberia says –
especially in view of Expo 2015, which is a great opportunity to showcase our country and to
perhaps lay the groundwork for a sustainable recovery.”
“Expo Milano 2015 represents a good opportunity to reinvigorate growth – Scabbio continues –
The Expo has the potential to function as a springboard to generate jobs, tourism, and thus,
revamp the consumption of our country. ManpowerGroup, HR Premium Partner of Expo 2015,
takes this opportunity with a great sense of responsibility to train many young workers who will be
able to take a professional and international path in a dynamic environment, and to support them in
a specific program to capitalize this great experience.”
Sector comparison
Year-over-year, employers in eight of the 10 industry sectors report stronger hiring intentions. A
sharp improvement of 23 percentage points is reported in the Restaurants & Hotels sector while
increases of 7 and 6 percentage points are reported in the Wholesale & Retail Trade sector and
Media Release
the Electricity, Gas & Water sector, respectively. Elsewhere, Outlooks weaken in two sectors, with
a decline of 4 percentage points reported in the Agriculture, Hunting, Forestry & Fishing sector and
a decrease of 3 percentage points in the Public & Social sector.
Regional comparison
Employers in all four regions forecast a decline in staffing levels during 3Q 2014. The weakest
labor market is anticipated in the South/Islands where employers report a Net Employment Outlook
of -10%. Sluggish hiring activity is also expected in the North West, with an Outlook of -8%, and
in both the North East and Middle Italy where Outlooks stand at -7%.
When compared with the previous quarter hiring prospects weaken in three of the four regions,
most notably by 4 percentage points in Middle Italy and by 2percentage points in the North East.
However, South/Islands employers report a 4 percentage point improvement.
Serena Scarpello
Media & Ceo Reputation Expert
ManpowerGroup Italy
Via Rossini 6/8 - 20122 Milan
[email protected]
About ManpowerGroup
ManpowerGroup™ (NYSE: MAN) is the world leader in innovative workforce solutions that ensure the talent
sustainability of the world's workforce for the good of companies, communities, countries, and individuals
themselves. Specializing in solutions that help organizations achieve business agility and workforce
flexibility, ManpowerGroup leverages its 65 years of world of work expertise to create the work models,
design the people practices and access the talent sources its clients need for the future. From staffing,
recruitment, workforce consulting, outsourcing and career management to assessment, training and
development, ManpowerGroup delivers the talent to drive the innovation and productivity of organizations in
a world where talentism is the dominant economic system. Every day, ManpowerGroup connects more than
630,000 people to work and builds their experience and employability through its relationships with 400,000
clients across 80 countries and territories. ManpowerGroup's suite of solutions is offered through
ManpowerGroup™ Solutions, Manpower®, Experis™ and Right Management®. ManpowerGroup was
named one of the World's Most Ethical Companies for the third consecutive year in 2013, confirming our
position as the most trusted brand in the industry.
ManpowerGroup in Italia
Presente in Italia dal 1994, la realtà nazionale di ManpowerGroup - multinazionale leader mondiale nelle
innovative workforce solutions - realizza e offre soluzioni strategiche per la gestione delle risorse umane:
ricerca, selezione e valutazione di personale per tutte le posizioni professionali; somministrazione di lavoro a
tempo determinato; pianificazione e realizzazione di progetti di formazione; consulenza per l’organizzazione
aziendale; career management; servizi di outsourcing; consulenza HR.
Unendo efficacemente la sua profonda conoscenza del potenziale umano e delle esigenze dei propri clienti,
ManpowerGroup crea valore per imprese e individui affiancandoli nel raggiungimento dei propri obiettivi di
business e di carriera. Attraverso una rete di oltre 250 uffici, opera su tutto il territorio nazionale e offre inoltre
soluzioni mirate per i settori Information Technology, Finance, Engineering, Sales&Marketing.
La proposta di soluzioni di ManpowerGroup in Italia viene offerta attraverso ManpowerGroup™ Solutions,
Manpower®, Experis™ e Right Management®.
Per maggiori informazioni: www.manpowergroup.it