manpower employment outlook survey - meos q2 2014
DESCRIPTION
The Manpower Employment Outlook Survey (MEOS) for the Q2 2014 is based on responses from 2,112 UK employers and asks whether they intend to increase or reduce the size of their workforce in the coming quarter. Outlook is still firmly in positive territory and suggests a net increase in hiring in the first three months of 2014 – the raw data (+7) is considerably more optimistic than last quarter. http://manpowergroup.co.uk/meosTRANSCRIPT
12 April 2023
Q2 2014 Manpower
Employment Outlook Survey
Overview
Manpower
Q2 2014 Manpower Employment Outlook Survey Overview
• The national NEO has ticked up from +5 to +6 this time round
• Outlook is still firmly in positive territory and suggests a net increase in hiring in the first three months of 2014 – the raw data (+7) is considerably more optimistic than last quarter
• Strong theme of consistency continues – the Outlook has been respectively 6, 6, 5, 6, 5, 6
• Agriculture, Forestry and Fishing is the most upbeat sector, on +15 – the first time it’s ever held top spot
• For the first time in six years, all the sectors are positive (including Construction)
• Large companies (+17) are more optimistic than they have been for almost a decade.
Employment Outlook Survey Q2 summary
Manpower
Q2 2014 Manpower Employment Outlook Survey Overview
2008 2009 2010 2011 2012 2013
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
-8
-6
-4
-2
0
2
4
6
8
10 9
65
-1
-3
-6-5
-1
1 1 1 12 2
3
10
2 23
65 5
65
6
National NEO
National Outlook since Q1 2008
2014
Manpower
Q2 2014 Manpower Employment Outlook Survey Overview
Size breakdown• Large businesses are the most optimistic they have been in decade – the
NEO is +17
• Small business optimism rose three points and now also stands on +17
• Medium businesses positivity is up two points to +15
• Micro business hiring intentions remain on +1.
Large
Medium
Small
Micro
National
15
13
14
1
5
17
15
17
1
6Q2 '14 Q1 '14 +1
0
+3
+2
+2
QoQ change
Manpower
Q2 2014 Manpower Employment Outlook Survey Overview
Sector breakdown
-5
5
4
1
6
6
9
11
7
5
2
3
3
3
4
6
10
12
15
6
Q2 '14 Q1 '14
QoQ change
+1
+8
+1
+1
n/c
-2
+2
-1
-2
+7
National
Agriculture, Forestry & Fishing
Finance & Business Services
Electricity, Gas & Water
Manufacturing
Transport, Storage & Comms
Wholesale, retail etc
Public & Social
Mining & Quarrying
Construction
Manpower
Q2 2014 Manpower Employment Outlook Survey Overview
Public/private sector breakdown*• Private sector hiring intentions are on +7, five points up on the quarter
• Public sector intentions improved two points and now stand on +2
• Optimism among not-for-profits rose sharply, to +9.
Not for profit
Public sector
Private sector
National
1
0
3
5
9
2
7
6
Q2 '14 Q1 '14
+1
+4
+2
+8
QoQ change
*Data not seasonally adjusted
Manpower
Q2 2014 Manpower Employment Outlook Survey Overview
Regions and nations breakdown
5
1
5
5
1
9
6
6
10
4
7
1
5
-4
1
3
3
5
6
7
7
8
9
11
12
6
Q2 '14 Q1 '14
QoQ change
Total
Wales
North East
South West
East
East Midlands
West Midlands
Yorks and Humberside
London
North West
South East
Scotland
Northern Ireland
+1
+11
+4
+5
-2
+1
+1
-3
+4
-2
-2
n/c
-9
Manpower
Q2 2014 Manpower Employment Outlook Survey Overview
UK employment intention map
+1
+11-4
+3+6
+12+7
+7
+3+9
+8
+13+5