Job seekers in Asia Pacific should expect to see more opportunities in the third quarter of 2017, according to the latest ManpowerGroup Employment Outlook Survey.
Hiring is expected to increase in all eight Asia Pacific countries and territories during Q3 2017. Hiring sentiment is strongest in Japan and Taiwan, while the weakest outlooks are reported in China and Singapore.
Japan's strongest hiring pace in more than nine years is forecast for the third quarter of 2017, with a robust Outlook expected in the Mining & Construction and Transportation & Utilities sectors.
The labor market slowdown in India is expected to continue in Q3, following six consecutive quarters of steady decline. Indian employers are reporting their weakest outlook since the survey began in Q3 2005.
Worldwide, employers in 41 of 43 countries plan to add staff, with hiring confidence strongest in Japan, Taiwan, Hungary and the United States, while employers in Italy, the Czech Republic and Finland report the weakest hiring prospects.
Despite the uncertainties associated with recent and upcoming European elections – as well as ongoing Brexit negotiations – most European employers anticipate job gains between July and September.
Of more than 58,000 employers surveyed across 43 countries and territories, employers expect increased staffing levels in 41 countries and territories in Q3 2017. When compared to Q2 2017, hiring prospects have strengthened in 17 countries and territories, are unchanged in 10 and decline in 16. Confidence levels have strengthened year-on-year in 26 countries and territories and are unchanged in two.