Saturday, September 11, 2010

Survey shows continued active hiring pace in Q4

Survey shows continued active hiring pace in Q4
By Mustafa Shafawi | Posted: 07 September 2010 1115 hrs
 
 
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Survey shows strong hiring outlook for Q4


 
SINGAPORE: It is still a job seeker's market in Singapore in the months ahead.

According to the latest Manpower Employment Outlook Survey, the active pace of hiring is expected to continue.

Of the some 700 employers interviewed, across seven industry sectors in Singapore, 25 per cent expect to increase headcount, three per cent anticipate a fall, while 70 per cent foresee no change to their workforces.

Employers report the same outlook when compared with the previous quarter, but hiring prospects improve by eight percentage points year-over-year.

Manpower Singapore country manager Peter Haglund said the difference in employer confidence from the first two quarters of last year to now is encouraging.

Employers in all seven industry sectors forecast positive headcount growth in quarter four.

The strongest hiring prospects are reported in the public administration & education sector, and in the wholesale trade & retail trade sector.

A steady hiring pace is anticipated by employers in the mining & construction sector, and in the finance, insurance & real estate sector.

Services sector employers predict respectable growth in staffing levels, but hiring activity is expected to be modest in the transportation & utilities sector.

-CNA/wk

- wong chee tat :) 

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