Solid hiring climate forecasted for Waterloo Region

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IN employers expect to hire at what ManpowerGroup describes as "a confident pace" in April, May and June, according to survey results released today. For instance, the demand for employees skilled in emerging areas such as artificial intelligence (AI) and machine learning is set to rise. The strongest labour market is anticipated by wholesale & retail trade sector employers with a net employment outlook of 21 per cent. The weakest outlooks are reported in Mining (+15%), Government Information (+14%) and Nondurable Goods Manufacturing (+12%). Across the United States, one in five employers expect to grow their work force in the next three months, according to the survey. Employers report the strongest hiring prospects in Western Cape with an outlook of +11%, and in Gauteng where the outlook is +10%. While there won't be layoffs, hiring as such will be lower than in previous quarters. Similarly, employers in the Services sector report a decline of three percentage points compared to the same period in 2017.

Twenty-three percent of the state's employers interviewed plan to hire workers, and 4 percent expect to reduce their payrolls.

"Indian job seekers are likely to benefit from the positive labour market during the April-June period". Meanwhile, the weakest hiring climate is anticipated in Free State where the Outlook is +1%.

Across the Europe, Middle East & Africa (EMEA) region, workforce gains are planned in 25 of 26 countries.

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Canadian employers' hiring intentions are at their highest level in several years - and Waterloo Region's employers are even more bullish on growing their teams.

The strong national result is unchanged when compared to the same period a year ago, but declines by three percentage points quarter-on-quarter. Employers in the South and the West report relatively stable hiring intentions when compared with the second quarter of 2017.

Staffing levels are expected to grow in all eight Asia Pacific countries and territories during the April-June time frame. When compared to the same period past year, the outlook remains upbeat despite notable declines in hiring expectations in crucial sectors such as Mining & Construction and Manufacturing. When compared with 1Q 2018, hiring prospects are five percentage points stronger in Gauteng, and improve by two percentage points in KwaZulu-Natal.

According to the survey released today by staffing firm ManpowerGroup India, workforce gains were expected across all four regions and seven industry sectors including services, finance, real estate, manufacturing, among others.