Hiring outlook slightly improves in Q1’18 in Romania

Some 22% of Romanian employers plan to increase staff in Q1 next year, which is more than 20% with positive hiring plans in the previous quarter, according to the latest Manpower Employment Survey Outlook. Only 12% intend to cut the number of employees, while the rest do not have any intention regarding the human resources, the survey showed. Thus, the seasonally adjusted net employment outlook remains positive at 17% for Q1, higher than the 15% in Q4 this year, and by 3pps above the level recorded in Q1 this year.

Therefore, the hiring outlook remains positive, for the tenth consecutive quarter with double-digit values of the employment indicators. The adjusted net employment outlook reached its highest level in the past nine years, the survey noted. The employment outlook improved in all categories of employers by size, yet, the micro-employers remain in the negative territory with their hiring plans. The strongest employment plans are in the large-size organizations.

Employment is expected to grow in all ten industrial sectors and in all regions. The strongest hiring plans are in manufacturing (39% net employment outlook), followed by construction, accommodation and finance. The weakest hiring intentions are in mining. The hiring outlook improved q/q in seven sectors, with the most considerable increases in retail, utilities and transport. On the other hand, the hiring outlook weakened q/q in finance and real estate. The steady hiring pace in the public sector will continue in Q1 next year, according to the survey.

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