manpower employment outlook survey - meos q1 2015
TRANSCRIPT
09 December 2014
Manpower Employment Outlook Survey – Q1 2015
Manpower Employment Outlook Survey – Q1 2015
ManpowerGroup | 09 December 2014 2
MEOS Q1 2015 Summary The national net employment outlook is up one point to +7%, from +6% last
quarter – an increase in optimism after a surprise dip last quarter.
The outlook for the country’s big businesses rose to +21%, its highest level
since 2005, when Manpower began recording outlook by organisation size.
Finance and business services fell to its weakest level since 2012. The
sector dropped to +9, the first time in two years optimism has dipped below
double figures.
The Utilities sector surged four points to+16% and the top of the sector table
– its highest level in more than two years.
Construction rose nine points to +9, making Q1, 2015 its most upbeat for 30
quarters.
Manpower Employment Outlook Survey – Q1 2015
ManpowerGroup | 09 December 2014 3
2008 2009 2010 2011 2012 2013 2014
9
6
5
-1
-3
-6
-5
-1
1 1 1 1
2 2
3
1
0
2 2
3
6 6
5
6
5
7
8
6
7
-8
-6
-4
-2
0
2
4
6
8
10
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
MEOS: Since Q1 2008
2015
The outlook remains firmly optimistic
Manpower Employment Outlook Survey – Q1 2015
ManpowerGroup | 09 December 2014 4
Size of company breakdown Companies of all sizes have positive hiring intentions.
Large businesses up 4 points, to highest level in a decade.
Micro businesses have strongest Outlook since mid 2008.
17
16
8
3
6
21
12
8
5
7
Large
Medium
Small
Micro
National Q1 '15 Q4 '14 +1
+2
n/c
-4
+4
QoQ change
Manpower Employment Outlook Survey – Q1 2015
ManpowerGroup | 09 December 2014 5
Industry sector breakdown
2
5
8
8
7
4
0
10
12
6
3
4
5
6
6
9
9
9
16
7
Q1 '15Q4 '14
QoQ change
+1
+4
-1
+9
+5
-1
-2
-3
-1
+1
National
Utilities
Finance & Business Services
Construction
Agriculture
Transport, Storage and Comms
Manufacturing
Mining and Quarrying
Retail and Hotels
Public and Social
Manpower Employment Outlook Survey – Q1 2015
ManpowerGroup | 09 December 2014 6
Public/private sector breakdown* Private sector hiring intentions fell marginally to +5.
Public sector intentions returned to positive territory (+2), a rise of 7 points.
The Outlook for not-for-profits is unchanged on +2.
3
-5
7
6
5
0
4
7
Q1 '15Q4 '14
+1
-2
+7
n/c
QoQ change
*Data not seasonally adjusted
National
Private
Public
Not for Profit
Manpower Employment Outlook Survey – Q1 2015
ManpowerGroup | 09 December 2014 7
Regions and nations breakdown
2
10
3
1
6
4
8
7
12
13
-4
5
6
-4
2
2
4
6
7
7
7
12
13
15
16
7
Q1 '15
Q4 '14
QoQ change
National
North East
South West
East Midlands
West Midlands
South East
London
East
North West
Wales
Scotland
Yorkshire & Humberside
Northern Ireland
+1
+11
+19
n/c
n/c
n/c
-1
+3
n/c
+3
-1
-8
-6
Manpower Employment Outlook Survey – Q1 2015
ManpowerGroup | 09 December 2014 8
UK employment intention heat map: Q1 2015
+2
+16-4
+6
+2
+4+12
+13
+9+15
+7
+13
+7