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Europe — Labour market stability expected

08 September 2009

According to the global Manpower Employment Outlook Survey results released today by Manpower Inc., the fourth quarter of 2009 will continue to challenge job seekers in labour markets around the world.

However, employer hiring expectations have improved from three months ago in nearly two thirds of the countries and territories surveyed, suggesting an easing in the pattern of job cuts prevalent for several quarters.

Many employers in the countries surveyed in Europe continue to report negative hiring expectations for the quarter ahead, with employers in Poland, Norway and Sweden reporting the only positive, but slow, hiring activity.

However, compared to three months ago, outlook improved in several countries. Job prospects in the region are strongest in Poland and weakest in Romania.

"80% of employers in Europe are telling us they will make no changes to their staff, which will most likely lead to some labour market stability in the fourth quarter," said Jeffrey A. Joerres, Chairman and CEO of Manpower Inc.

"European job seekers in the Manufacturing sector will continue to encounter a difficult market, particularly in Germany, where employers lower their hiring expectations for the sixth consecutive quarter."


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