Slovenian employers are moderately optimistic about employment in Q2

Employers are moderately optimistic about employment prospects in Q2’18, according to a survey of Manpower, the Slovenian news agency reported on Tuesday. Their outlook on employment are less optimistic both on a yearly and quarterly basis, lower by 6pps q/q and by 12pps y/y. The decline can be predominantly attributed to last year’s record hiring, a rate which will be hard to reach again this year, Manpower Slovenia’s director Robert Vovk said. In addition, employers have generally become somewhat more reserved about hiring.

Approximately 15% of the surveyed employers plan to increase their hiring during Q2, none of them expects a drop in hiring, while 81% expect no changes. Solid growth is projected in all ten industrial sectors in the country. Employers in manufacturing and transport, logistics and communications are the most optimistic ones, forecasting a 16% increase of production. Still, employers in nine of the sector expect to hire fewer employees compared to Q1, with the most tangible fall projected in the retail and wholesale industry. In annual terms, the hospitality sector anticipates the most notable decline.

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