Manpower Employment Outlook Survey Reveals Weak Job Prospects In Wellington For The Second Quarter O

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10th March 2009, 01:11pm - Views: 722









Manpower Employment Outlook Survey Reveals Weak Job Prospects in Wellington for the Second

Quarter of 2009


SYDNEY, Mar. 10/Medianet International-AsiaNet/ --


Manpower Employment Outlook Survey

Under embargo until 13:01, 10 March 2009 (00:01 GMT)


    According to the Manpower Employment Outlook Survey released today, the employment prospects for

job seekers in Wellington has declined further as employers place their decision making on hold in the

second quarter of 2009.



    The Manpower survey of 868 employers throughout New Zealand revealed a pessimistic hiring intention

for Wellington’s employers over the next three months and is the continuation of a downward trend since

Quarter 3, 2007.


    The Wellington employment market shows dim prospects for job seekers in the April – June quarter of

2009, with a Net Employment Outlook of -13%, a decline of 27 percentage points quarter-over-quarter; the

weakest outlook since the New Zealand survey began in Quarter 4 2004.


   "Hiring intentions in New Zealand have continued to fall in the last three months however there is some

good news with the majority of employers indicating they will make no reductions to their current headcount,"

said Lincoln Crawley, Managing Director, Manpower Australia and New Zealand.


    From the recent survey data, there has been a widespread decrease in hiring intentions in all three

regions, with employers in Wellington the most hesitant to take on employees. Across five of the seven

industry sectors, there has also been a decline, with employers in Manufacturing, Mining & Construction,

Finance, Insurance and the Real Estate industry sectors making the biggest pull back in hiring. However,

there are positives in Transportation and the Utilities sector where employers are anticipating some

headcount gains.


    "The Net Employment Outlook continues to decline as we head into the second quarter of 2009 but as no

one can predict when the economic situation will improve, employers need to be prepared for the upswing.

This means retaining top talent and adopting a flexible workforce approach so they have access to the right

skills at the right time," Crawley said.


    For further information please contact:


    Catherine LoGiacco, General Manager, New Zealand

    Phone: +64 9 308 3338 

    Mobile: +64 2 164 4074 

    Email: clogiacco@manpower.co.nz 


    Or to arrange at interview, contact 

    

    Karen Kerr 

    Phone: +64 7 834 1620 

    kkerr@manpower.co.nz


    Download the New Zealand Manpower Employment Outlook Survey at 



Manpower Fact Sheet

    The next Manpower Employment Outlook Survey will be released on the 9th June 2009 to report hiring

expectations for the third quarter of 2009.  The Manpower Employment Outlook Survey is available free of

People Employment Manpower 2 image

charge to the public through their local Manpower representative in participating countries. You can

download a copy of the Australian report in full, at www.manpower.co.nz/meos.


Note to Editors

    Commentary is based on seasonally adjusted data where available. Full survey results for each of the 33

countries and territories included in this quarter’s survey, plus regional and global comparisons, can be found

in the Manpower Press Room at www.manpower.com/meos.  In addition, all tables and graphs from the full

report are available to be downloaded for use in publication or broadcast from the Manpower Web site at



About the Survey

    The Manpower Employment Outlook Survey is conducted quarterly to measure employers’ intentions to

increase or decrease the number of employees in their workforce during the next quarter.  It is the most

extensive forward-looking survey of its kind, unparalleled in its size, scope, longevity and area of focus.  The

Survey has been running for more than 45 years and is one of the most trusted surveys of employment

activity in the world.  The Manpower Employment Outlook Survey is based on interviews with nearly 72,000

public and private employers worldwide and is considered a highly respected economic indicator.  


    The Manpower Employment Outlook Survey is currently available for 33 countries and territories: 

Argentina, Australia, Austria, Belgium, Canada, China, Colombia, Costa Rica, Czech Republic, France,

Germany, Greece, Guatemala, Hong Kong, India, Ireland, Italy, Japan, Mexico, Netherlands, New Zealand,

Norway, Peru, Poland, Romania, Singapore, Spain, South Africa, Sweden, Switzerland, Taiwan, the United

Kingdom and the United States.  The program began in the United States and Canada in 1962, and the

United Kingdom was added in 1966.  Mexico and Ireland launched the survey in 2002, and 13 additional

countries were added to the program in 2003.  New Zealand joined the program in 2004, China, India,

Switzerland and Taiwan were added in 2005, and Argentina, Peru, Costa Rica and South Africa joined in

2006.  Colombia, the Czech Republic, Greece, Guatemala, Poland and Romania joined in 2008.  For more

information, visit the Manpower Inc. Web site at www.manpower.com and enter the Research Center, or

contact Bruce Bock, Sr. Global Communications Manager at bruce.bock@manpower.com


About Manpower Inc.

    Manpower Inc. (NYSE: MAN) is a world leader in the employment services industry; creating and

delivering services that enable its clients to win in the changing world of work. Celebrating its 60th

anniversary in 2008, the $22 billion company offers employers a range of services for the entire employment

and business cycle including permanent, temporary and contract recruitment; employee assessment and

selection; training; outplacement; outsourcing and consulting.  Manpower's worldwide network of 4,400

offices in 82 countries and territories enables the company to meet the needs of its 400,000 clients per year,

including small and medium size enterprises in all industry sectors, as well as the world's largest

multinational corporations. The focus of Manpower's work is on raising productivity through improved quality,

efficiency and cost-reduction across their total workforce, enabling clients to concentrate on their core

business activities. Manpower Inc. operates under five brands:  Manpower, Manpower Professional, Elan,

Jefferson Wells and Right Management.  More information on Manpower Inc. is available at



SOURCE: Manpower

      

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