Mindseeker’s Post

The ManpowerGroup survey indicates the overall positivity in hiring intentions for Q3 2024. Employers in North America show the strongest global hiring outlook, despite a slight year-over-year decline. The US has a net employment outlook of 30%, Canada is at 23%, and Mexico is at 32%, all indicating strong but slightly reduced hiring intentions compared to last year. According to the U.S. Bureau of Labor Statistics, "In May, employment continued to trend up in several industries, led by health care; government; leisure and hospitality; and professional, scientific, and technical services." I would love to hear if you are noticing an increase in the US job market. #hiring #hiringoutlook #Q32024 #JobMarket #NorthAmericaJobs #EmploymentTrends #USJobMarket #peoplefirst

HIRING INTENTIONS POSITIVE FOR Q3, THOUGH DOWN OVER YEAR: MANPOWERGROUP June 11, 2024 North American employers reported positive hiring intentions — they were the strongest hiring intentions among global regions — but those intentions are down year over year, according to ManpowerGroup’s Third-Quarter Employment Outlook Survey. The US has a seasonally adjusted net employment outlook of 30% for the upcoming third quarter, according to the report. That’s relatively optimistic, but it’s down from 35% in the report looking to the third quarter of 2023. ManpowerGroup calculates the net employment outlook by subtracting the percentage of employers who anticipate reduction to staffing levels from those who plan to hire. The measure is seasonally adjusted. IT hiring had the strongest employment outlook globally by industry with a net employment outlook of 29%; however, that was down five percentage points from the second quarter’s report. Across sectors, the IT industry continues to report positive hiring intentions at 29%, followed by “financials and real estate” and “healthcare and life sciences,” both at 27%. #work #employment #laborforce #labor #jobs #unemployment #economy #recruiting

🌐 Exciting news on the global job market front! According to the latest ManpowerGroup Employment Outlook Survey, 42% of employers are optimistic about increased hiring in Q1 2024. While the net employment outlook has slightly dipped to 26%, the survey indicates a resilient job market with a strong demand for skilled talent. 📊💼 As companies adapt to evolving business models, the focus on upskilling and flexible work options remains key. North America leads with a 34% outlook, emphasizing the region's confidence in economic growth. 🚀 Let's navigate these dynamic times together! #GlobalJobs #EmploymentOutlook #FutureOfWork #SkillsRevolution

As we near the end of 2023, we are having regular conversations with clients and candidates about their plans for hiring/movements in 2024. From these discussions, there is a certain sentiment that hiring is going to pick up in Q1 2024 across the board. This has been supported by a recent survey completed by ManpowerGroup and reported on by Staffing Industry Analysts. As discussed in the attached document, the Net Employment Outlook for Q1 2024 is 26%, with the financials & real estate industry having the second brightest global hiring outlook at 34% (behind the IT industry with 36%). Although these plans exist, hiring plans will remain measured and employers will be working to attract the top talent to their businesses. Read more about the outlook of the labour market in the attached document. https://lnkd.in/gt-7MuXR

Despite global talent shortages, the ManpowerGroup Employment Outlook Survey indicates a moderate Q1 2024 hiring increase. Surveying 40,000+ employers in 41 countries, 42% anticipate growth, 16% expect a decrease, 39% plan to maintain workforce levels, and 3% are undecided. The net employment outlook is 26%, down slightly. Employers express confidence amid economic concerns, emphasizing demand for skilled talent and a commitment to flexible work options for competitiveness. Notably, North America leads with a 34% outlook. The IT industry is globally optimistic at 36%, followed by financials and real estate at 34%. In the US, the outlook is positive at 35%. #EmploymentOutlook #TalentManagement #HiringTrends #staffing #staffingandrecruiting #staffingindustry #staffingsoftware #staffingsolutions #staffingagency #staffingservices #staffingtrends #staffingjobs #staffingneeds #staffingagencies #californiajobs #cajobs #azjobs #arizonajobs #nevadajobs #hawaiijobs #mobileapps #mobilestaffing

𝗧𝗵𝗲 𝗖𝗼𝗻𝘂𝗻𝗱𝗿𝘂𝗺:  📈 𝗡𝗼𝗿𝘁𝗵 𝗔𝗺𝗲𝗿𝗶𝗰𝗮𝗻 𝗵𝗶𝗿𝗶𝗻𝗴 𝗶𝘀 𝗲𝘅𝗽𝗲𝗰𝘁𝗲𝗱 𝘁𝗼 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗲 𝗯𝘆 𝟯𝟰%, 𝘄𝗵𝗶𝗹𝗲 𝟳𝟱% 𝗼𝗳 𝗲𝗺𝗽𝗹𝗼𝘆𝗲𝗿𝘀 𝗿𝗲𝗽𝗼𝗿𝘁 𝘁𝗵𝗲𝘆 𝗮𝗿𝗲 𝘀𝘁𝗿𝘂𝗴𝗴𝗹𝗶𝗻𝗴 𝘁𝗼 𝗳𝗶𝗻𝗱 𝘄𝗲𝗹𝗹 𝗾𝘂𝗮𝗹𝗶𝗳𝗶𝗲𝗱 𝘁𝗮𝗹𝗲𝗻𝘁. 📉 The irresistible force meeting the immovable object... The ManpowerGroup's Employment Outlook Survey for the first quarter of 2024 indicates a cautiously optimistic global hiring environment. The survey, which gathered insights from over 40,000 employers across 41 countries, reveals a 𝗡𝗲𝘁 𝗘𝗺𝗽𝗹𝗼𝘆𝗺𝗲𝗻𝘁 𝗢𝘂𝘁𝗹𝗼𝗼𝗸 (𝗡𝗘𝗢) 𝗼𝗳 𝟮𝟲% 𝗳𝗼𝗿 𝗤𝟭 𝟮𝟬𝟮𝟰. This figure represents a slight year-over-year increase of 3% but a decrease of 4% from the previous quarter. The NEO is a measure of hiring optimism, calculated by subtracting the percentage of employers expecting to reduce staff from those planning to hire. K͟e͟y͟ ͟f͟i͟n͟d͟i͟n͟g͟s͟ ͟f͟r͟o͟m͟ ͟t͟h͟e͟ ͟s͟u͟r͟v͟e͟y͟ ͟i͟n͟c͟l͟u͟d͟e͟:͟ 𝗧𝗮𝗹𝗲𝗻𝘁 𝗦𝗵𝗼𝗿𝘁𝗮𝗴𝗲𝘀: A consistent challenge, with 💥𝟳𝟱% 𝗼𝗳 𝗲𝗺𝗽𝗹𝗼𝘆𝗲𝗿𝘀 𝗿𝗲𝗽𝗼𝗿𝘁𝗶𝗻𝗴 𝗱𝗶𝗳𝗳𝗶𝗰𝘂𝗹𝘁𝘆 𝗶𝗻 𝗳𝗶𝗻𝗱𝗶𝗻𝗴 𝘀𝗸𝗶𝗹𝗹𝗲𝗱 𝘁𝗮𝗹𝗲𝗻𝘁💥, mirroring 2022's levels and showing a slight decrease from 2023. 𝗚𝗿𝗼𝘄𝘁𝗵 𝗶𝘀 𝗘𝘅𝗽𝗲𝗰𝘁𝗲𝗱 𝘁𝗼 𝗩𝗮𝗿𝘆 𝗚𝗿𝗲𝗮𝘁𝗹𝘆 𝗔𝗿𝗼𝘂𝗻𝗱 𝘁𝗵𝗲 𝗚𝗹𝗼𝗯𝗲: North America shows the strongest hiring intentions with a 34% NEO, followed by Asia Pacific (30%), South and Central Americas (28%), and Europe, Middle East, and Africa (23%). India, the Netherlands, Costa Rica, and the U.S. exhibit the most robust hiring plans, while Hungary, Japan, the Czech Republic, and Argentina have the weakest outlooks. 𝗬𝗲𝗮𝗿-𝗼𝘃𝗲𝗿-𝗬𝗲𝗮𝗿 𝗖𝗵𝗮𝗻𝗴𝗲𝘀: Significant increases in hiring outlook are observed in Hungary, Poland, and the Netherlands. Sharp declines are noted in Argentina, Peru, Israel, and Panama. 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆-𝗦𝗽𝗲𝗰𝗶𝗳𝗶𝗰 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀: The IT industry leads with the brightest hiring outlook at 36%, followed by financials & real estate (34%), and communication services (31%). The health care & life sciences and industrials & materials sectors both stand at 28%. 𝗜𝗻-𝗗𝗲𝗺𝗮𝗻𝗱 𝗦𝗸𝗶𝗹𝗹𝘀: The most sought-after skills include IT & data, engineering, sales & marketing, operations & logistics, and manufacturing & production. 𝗪𝗼𝗿𝗸𝗽𝗹𝗮𝗰𝗲 𝗙𝗹𝗲𝘅𝗶𝗯𝗶𝗹𝗶𝘁𝘆 𝗮𝗻𝗱 𝗖𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲 𝗘𝗱𝗴𝗲: Employers are increasingly offering flexible work options (65%), raising wages (30%), and exploring new talent pools (28%) to attract and retain workers. This shift suggests a growing recognition of the importance of flexible work arrangements in gaining a competitive edge in the talent market. A great time for skilled individuals to explore new opportunities, especially in high-growth industries. #EmploymentTrends #Hiring2024 #TalentShortage #WorkplaceFlexibility #CareerOpportunities, #foodandbeveragemanufacturing , #foodmanufacturingjobs

📊 The Employment Outlook survey conducted by ManpowerGroup indicates moderate hiring in Q1 #2024 despite the talent shortages continuing to impede hiring efforts. 🗺The report (https://lnkd.in/extkmy39) was based on a survey that interviewed around 40,000 employers across 41 countries during October 2023. They were asked about their #hiring intentions, difficulty in finding #talent, and #HR priorities for 2024. 👨💼📗One of the top management #leaders from the company has informed that “As companies continue to transform their business models, many are holding onto the talent they have, and struggling to find the new talent they need. This data suggests organizations are committed to offering flexible work options, recognizing that this can give them a competitive edge for attracting and retaining workers. As AI adoption gains traction, employers are turning to upskilling their workforce to maximize potential productivity gains.” 👉Key findings from the survey: 📌 The Net Employment Outlook (NEO) is 26% which is 3% increase when compared to Q1 2023 but with a decline of 4% when compared to last quarter. 📌By country, the strongest hiring plans are reported in India (37%), Costa Rica (35%) and the U.S (35%) and the weakest are in Japan(10%), Hungary (10%), Czech Republic (8%) and Argentina (2%). 📌The #IT industry had the brightest hiring outlook at 36%, followed by Financials & Real Estate at 34%, Communication Services at 31%, Health Care and Life Sciences and Industrials and Materials, both at 28%. 📌75% of the employers’ report talent scarcity as they struggle to find talent with desired skills. 📌To find, attract, and recruit talent, employers are offering more work flexibility (65%), raising wages (30%), and looking at new talent pools (28%) 📌Top 5 skills that employers report as most difficult to source are IT and #Data, #Engineering, #Sales and #Marketing, #Operations and #Logistics, #Manufacturing and #Production 📌When asked about Artificial Intelligence (#AI), employers cite training staff, finding qualified talent, and redefining roles as the top challenges to fully leverage the #technology. 📌As companies adopt more #sustainable practices, employers estimate at least 54% of all technical skills will need to evolve to keep pace with the green transition. 👉Net Employment Outlook (NEO) NEO is derived by taking the percentage of employers expecting to have an increase in hiring activity and deducting the percentage of employers anticipating to have a decline in employment in the next quarter. A positive #NEO indicates that the employers who would add to their headcount is more than those who intend to reduce. #hrsurvey #talentchallenges #hiringtrends #hiringtrends2024 #employmentsurvey #skillssurvey #hiringpattern #recruiters #talentacquisition #recruitmentagency #staffingagency #didyouknow #didyouknowfacts

42% of employers anticipate an increase in hiring 📈 The need for skilled labor remains high. Global employment outlooks for the first quarter of 2024 are 3% higher than last year. If this year follows the same pattern as last, the talent shortage is expected to grow. At the same time, the outlook is down 4% from last quarter. While this could be a sign of markets slowing down, 81% of organizations intend to either increase hiring or make no changes. In contrast, 16% of employers anticipate reductions. 📊 More about the data: ManpowerGroup - Employment Outlook Survey Q1 2024 #futureofwork #datadriveninsights #talentstrategies #talentacquisition #hiring

In the new 2024 US Jobs & Hiring Trends Report, Indeed experts caution that while the economic outlook for 2024 is largely positive, whether or not five trends maintain or accelerate their momentum will directly influence labor market stability in the New Year. Connect with United Talent Staffing for all your hiring needs in 2024. Our extensive expertise ensures we always deliver on our promise of The Right People, Right Now. Click below to learn more about this year's outlook on the hiring landscape. #TalentAcquisition #StaffingIndustry #LaborMarket #2024Outlook

While the unexpected surge in job openings indicates economic growth and increased demand for workers, it also presents a unique set of challenges for employers. 👩💼 👨💼 As businesses strive to meet their staffing needs, they may find themselves competing for top talent, which can lead to rising labor costs and a potential strain on profitability. However, these challenges also call for innovative solutions, such as investing in employee development and engagement, to not only attract but also retain the best talent. The evolving landscape of work demands adaptability and creativity from businesses as they navigate this ever-changing labor market. 👨💻 👩💻 #BusinessChallenges #LaborMarket #TalentAcquisition #HRTech #HRIS #Technology #Work