Engineering News reports that South African employers have conservative hiring intentions, across all industries nationally, for the fourth quarter, the ManPowerGroup Employment Outlook Survey (MEOS) has found.
This as the economy continues to be weighed down by slower-than-expected economic growth, which translates into employers being cautious about hiring and spending-related activity. Fourteen per cent of employers expect to increase staffing levels, 8% forecast a decrease and 78% anticipate no change. Opportunities for job seekers are expected to be strongest in the agriculture, hunting, and forestry and fishing sectors, with a net employment outlook of 18%, and weakest within the construction sector, with an outlook of a 7% contraction. Wholesale and retail trade expects an outlook of 16%, transport, storage and communication sector employers expect an outlook of 10%, while some workforce gains are anticipated in both the restaurants and hotels and the mining and quarrying sector, with outlooks of 8% and 6% respectively. Provincially, employers in KwaZulu-Natal report the strongest hiring intentions for the last quarter of the year, while employers in the Eastern Cape report the weakest hiring intentions. Hiring intentions are unchanged when compared with the third quarter of the year, and remain relatively stable when compared with the fourth quarter of last year.
- Read this report in full at Engineering News
- Read too, Manufacturing sector shows good growth in the third quarter, at BusinessLive
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