LABOUR: WCape The Most Optimistic
Recent Western Cape Business News
The Manpower Employment Outlook Survey of local hiring trends reveals that employers report some encouraging signs for job seekers in the second quarter. Once seasonal variations are removed from the data, South Africa’s Net Employment Outlook stands at +3%.When compared with the previous quarter, hiring intentions are unchanged, while year-over-year, the Outlook is 2 percentage points weaker.
Peter Winn, Manpower South Africa Managing Director comments: “Employers continue to report conservative hiring plans for the next three months, and hiring intentions have yet to recover to the promising levels routinely reported in 2007 and 2008. However, there are some positive signs: more than eight out of 10 employers have informed us that they have no plans to reduce payrolls in the next three months. We are encouraged by the message that President Jacob Zuma conveyed in his State of the Nation speech, emphasizing that there are plans to create jobs in six priority areas, including infrastructure development, agriculture, mining and beneficiation, manufacturing, the green economy and tourism.”
This survey for the second quarter was conducted by interviewing a representative sample of 755 employers in South Africa, where all survey participants were asked, “How do you anticipate total employment at your location to change in the three months to the end of June 2011 as compared to the current quarter?” While 11 percent of employers expected to increase staffing levels, 5 percent forecast a decrease and 84 percent said they expected to maintain their current workforces intact during the April-June time period,
In a regional comparison, employers in four of the five regions predict an increase in staffing levels during the second quarter of 2011. The most optimistic hiring plans are reported by Western Cape employers, with a Net Employment Outlook of +9%, while modest payroll gains are anticipated in Free State, with an Outlook of +5%, and Gauteng, where employers report an Outlook of +4%. In Eastern Cape, employers report uncertain hiring prospects with an Outlook of -1%.
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