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Fin24 reports that according to the most recent ManpowerGroup Employment Outlook Survey, SA employers report overall cautious hiring plans for the third quarter of 2019, with the trend set to continue.
There are also marked differences in hiring and payroll activity between five regions surveyed across the country, as well as across 10 sectors. Just 8% of employers anticipate an increase in payrolls, 6% forecast a decrease and 85% expect no change. Compared to the previous quarter, hiring prospects have remained fairly stable. However, there has been a decline of 2 percentage points compared to this time one year ago. "The trend of businesses remaining cautious around hiring activity continues into the third quarter of the year, with a large majority of respondents planning no changes to their hiring strategies and plans," said Lyndy van den Barselaar, MD of ManpowerGroup SA. She added: "The recently reported increased unemployment rate and turbulent economic environment further cement this sentiment and will more than likely mean the trend is set to continue for the medium-term."
- Read the full original of Carin Smith’s report in the above regard at Fin24
Get other news reports at the SA Labour News home page