manpower employment outlook survey - meos q3 2015
TRANSCRIPT
Manpower Employment Outlook Survey
Q3 2015
Released 09 June 2015
Manpower Employment Outlook Survey – Q3 2015
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MEOS Q3 2015 Summary
The national NEO is +6%, no change from the Q2 2015 Outlook - this is the fourth successive quarter of +6% optimism
Scotland is bottom of the regional charts again, on 0%
London’s Outlook rose to +9, its highest level in two years
The Construction sector is now on +7, up one point from the previous quarter and above the national average
Retail and Wholesale dropped to +3, its lowest level in 18 months.
Manpower Employment Outlook Survey – Q3 2015
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2008 2009 2010 2011 2012 2013 2014
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 Q2 Q3
-8
-6
-4
-2
0
2
4
6
8
10
65
-1
-3
-6-5
-1
1 1 1 12 2
3
10
2 23
6 65
6
5
78
6 6 6 6
MEOS: National Outlook since Q2 2008
2015
+6% Outlook for the fourth consecutive quarter
Manpower Employment Outlook Survey – Q3 2015
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Size of company breakdown
Companies of all sizes have positive hiring intentions; low levels of volatility Large businesses up 3 points Micro businesses remain least optimistic.
Large
Medium
Small
Micro
National
16
11
10
4
6
19
11
8
4
6Q3 '15 Q2 '15 n/c
n/c
-2
n/c
+3
QoQ change
Manpower Employment Outlook Survey – Q3 2015
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Industry sector breakdown
-2
4
5
6
4
8
7
9
17
6
7
6
3
7
2
9
6
7
6
6
Q3 '15 Q2 '15
QoQ change
n/c
-11
-2
-1
+1
-2
+1
-2
+1
+9
National
Electricity, Gas & Water
Manufacturing
Finance & Business Services
Mining & Quarrying
Transport, Storage & Comms
Construction
Wholesale & Retail, Restaurants and Hotels
Public & Social
Agriculture, Forestry & Fishing
Manpower Employment Outlook Survey – Q3 2015
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Public/private sector breakdown
Public sector intentions have dipped from +10 back down to +5 In contrast, private sector hiring was unchanged on +7.
1
6
10
6
2
6
5
6
Q3 '15 Q2 '15
n/c
-5
n/c
+1
QoQ change
National
Public
Private
Not For Profit
Manpower Employment Outlook Survey – Q3 2015
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Regions and nations breakdown
-2
1
2
4
7
7
7
7
8
10
12
12
6
0
2
10
3
9
8
9
4
7
9
7
5
6
Q3 '15
Q2 '15
QoQ change
National
West Midlands
North West
East Midlands
East
South East
London
Wales
South West
Yorkshire & Humberside
North East
Northern Ireland
Scotland
n/c
-7
-5
-1
-1
-3
+2
+1
+2
-1
+8
+1
+2
Manpower Employment Outlook Survey – Q3 2015
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UK employment intention heat map: Q3 2015
0
+10+2
+7+3
+8+5
+9
+4+9
+7
+9