For the Greensboro-High Point MSA, 28 percent of employers indicated they plan to add staff in the second quarter, while 2 percent plan to cut jobs. In fact, of the more than 4,600 employers surveyed in India, 0 percent expressed any expectations to reduce payrolls in the next three months.
The strongest regional labour market in the upcoming quarter is forecast by Taiwanese employers, followed by Japan. Workforce gains were expected across all four regions in India. 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. The weakest hiring plans are reported in Mining, Government Information and Nondurable Goods Manufacturing.
The second-quarter hiring projection is the lowest among the four North Carolina metropolitan statistical areas surveyed. Employers in Wholesale & Retail Trade report some of the most optimistic Outlooks in more than 16 years as online retail continues to grow and the increase in distribution workers is expected to rise. Yet in Western Australia, where mining and construction are integral parts of the state's economy, the employment outlook has increased by two percentage points as the state begins to emerge from a housing downturn over the last 18 months.
Villamil, of The Washington Economics Group, said the professional and business services category added the most jobs, 56,700, to payrolls in 2017.
The report says that Finance, Insurance, and Real Estate sector have the strongest outlook (+32 percent), citing the New Southbound Policy and the foothold Taiwanese banks have made in Southeast Asian countries as a major reason for the sector's strong hiring outlook. Similarly, employers in the Services sector report a decline of three percentage points compared to the same period in 2017. However, uncertain hiring plans are reported by small and micro-size businesses with employment outlooks of -1% and -5%.
Richmond employers are looking ahead to a positive hiring climate this spring, according to an employment survey.
Teo noted that this is the third consecutive quarter where the public administration and education sector is reporting a strong hiring outlook, explaining: "The growing skills-job mismatch has prompted more people and companies to sign up for courses to enhance their skillsets, especially their digital capabilities".
Meanwhile, the hiring scene is looking up in other countries, too. Large employers report relatively stable hiring plans over the same period. Some upward momentum is detected in the year-over-year comparison with forecasts improving in 25 of 43 countries and territories, declining in 13, and remaining unchanged in five.