ManpowerGroup's hiring outlook for Q2CY2022 declines by 11 pps QoQ

ManpowerGroup Employment Outlook Survey: The dip in hiring outlook over the previous two quarters is being attributed to geopolitical instability coupled with rising inflation

With the bulk of the hiring resurgence being witnessed in Q4CY2021 and Q1CY2022, the latest ManpowerGroup Employment Outlook Survey for Q2 this year has shown an 11 percentage points dip quarter-on-quarter (QoQ).

As against a hiring outlook of 44 per cent in Q4CY2021 and 49 per cent in Q1CY2022, the same now stands at 38 per cent even as the west and south regions are set to lead with a hiring pace of 43 per cent and 39 per cent. On the other hand, north and east regions carry an outlook of 35 per cent and 31 per cent, respectively.