manpower employment outlook survey - meos q1 2016
TRANSCRIPT
3 May 2023
Manpower Employment Outlook Survey – Q1 2016
Manpower Employment Outlook Survey – Q1 2016
ManpowerGroup | 3 May 2023 2
MEOS Q1 2016 Summary• Strongest headline figure in over a year: Following last quarter’s dip from
+6 to +5, the NEO is up at +7.
• Services with a smile: Driven in a large part by the strong performance of the business services and financial sector (+10) and transport, storage and comms (+9) – the only sectors above the national average.
• The Northern power-up? The North East (+9) and North West (+11) both saw optimism surge by 11 points, though Yorkshire and the Humber is still stuck in the doldrums on +4, a one point increase.
• Capitalism: London’s outlook rose one point to +9, continuing 2016 in the same vein as 2015. The South East is the best performing region on +12.
• Under-utilised: The Utilities sector slipped to +3, its lowest level in three years and 13 points down YoY.
Manpower Employment Outlook Survey – Q1 2016
ManpowerGroup | 3 May 2023 3
2009 2010 2011 2012 2013 2014
2015
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
-8
-6
-4
-2
0
2
4
6
8
-3
-6-5
-1
1 1 1 12 2
3
10
2 23
6 65
7
5
7 7 76 6 6
5
7
MEOS: Since Q1 2009
2016
Most outlook optimistic since late 2014
Manpower Employment Outlook Survey – Q1 2016
ManpowerGroup | 3 May 2023 4
Size of company breakdown• Companies of all sizes have positive hiring intentions• Micro, small and medium businesses all up two points• Large businesses fall one point
Large
Medium
Small
Micro
National
17
9
8
2
5
16
11
10
4
71Q '16 4Q '15 +2
+2
+2
+2
-1
QoQ change
Manpower Employment Outlook Survey – Q1 2016
ManpowerGroup | 3 May 2023 5
Industry sector breakdown
4
6
7
9
5
5
5
5
5
5
-2
1
2
3
5
5
5
9
10
7
1Q '16 4Q '15
QoQ change
+2
+5
+4
N/C
N/C
N/C
-6
-5
-5
-6
National
Finance & Business Services
Transport, Storage and Comms
Retail and Hotels
Public and Social
Manufacturing
Utilities
Mining and Quarrying
Agriculture
Construction
Manpower Employment Outlook Survey – Q1 2016
ManpowerGroup | 3 May 2023 6
Public/private sector breakdown*• Public sector intentions are up three points, with private sector hiring up two
points.
-3
1
5
5
2
4
7
7
1Q '16 4Q '15
+2
+2
+3
+5
QoQ change
*Data not seasonally adjusted
National
Private
Public
Not for Profit*
Manpower Employment Outlook Survey – Q1 2016
ManpowerGroup | 3 May 2023 7
Regions and nations breakdown
1
3
0
0
9
12
8
-2
2
11
0
7
5
-2
4
5
6
8
9
9
9
9
9
11
12
7
1Q '16 4Q '15
QoQ changeNational
South East
North West
Wales
South West
North East
London
East
East Midlands
West Midlands
Scotland
Yorkshire & the Humber
Northern Ireland
+2
+5
+11
-2
+7
+11
+1
-3
-1
+6
+5
+1
-3
Manpower Employment Outlook Survey – Q1 2016
ManpowerGroup | 3 May 2023 8
UK employment intention heat map: Q1 2015
+5
+9-4
+11+4
+9 +6+8
+12+9
+9
+13+9