Conservative hiring intentions by employers anticipated in the last quarter - survey

11th September 2018

By: Marleny Arnoldi

Deputy Editor Online

     

Font size: - +

South African employers have conservative hiring intentions, across all industries nationally, for the fourth quarter, the ManPowerGroup Employment Outlook Survey (MEOS) has found.

Fourteen per cent of employers expect to increase staffing levels, 8% forecast a decrease and 78% anticipate no change. The resulting net employment outlook is therefore 6% growth.

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.

Payrolls are forecast to increase in three of the five reporting regions during the final quarter of this year. KwaZulu-Natal employers report favourable hiring prospects with a net employment outlook of 13%, while employers in both Gauteng and Western Cape report encouraging signs for job seekers with outlooks of 8% and 7%, respectively.

However, Free State employers anticipate a flat labour market with an outlook of 0%, while Eastern Cape employers expect to trim payrolls, reporting an outlook of a 5% contraction.

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.

“South Africa’s economy continues to be weighed down by slower-than-expected economic growth, which can translate into employers being cautious about hiring and spending-related activity, especially in the run-up to the year-end holiday season,” comments ManpowerGroup South Africa MD Lyndy van den Barselaar.

The MEOS is conducted quarterly to measure 750 South African employers’ intentions to increase or decrease the number of employees in their workforces during the next quarter.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

The content you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION