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News Release from: Manpower
Edited by the Manufacturingtalk Editorial
Team on 01 November 2004
Positive employment outlook for
manufacturing
More employers in the manufacturing sector are looking to recruit staff than lay them off over the final three months of 2004, according to Manpower, the UK's leading workforce management company.
More employers in the manufacturing sector are looking to recruit staff than lay them off over the final three months of 2004, according to Manpower, the UK's leading workforce management company The independent research carried out by NOP and reported in the Manpower Employment Outlook Survey, shows that the balance of manufacturing employers looking to take on more staff is +21%
This article was originally published on Manufacturingtalk on 6 Jan 2004 at 8.00am (UK)
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This compare to an average of all UK business sectors of +18%.
This figure is the highest in Europe and represents a year-on-year increase of 14% The Manpower Employment Outlook Survey provides a forecast of employer hiring intentions for the quarter ahead: October to December 2004.
2,500 UK employers were surveyed in the UK and over 35,000 employers in 19 countries globally.
Closer examination of the figures indicates that employers within the electronics sub-sector are reporting a particularly positive final quarter with a balance of +61% looking to expand their workforce.
More subdued outlooks are reported in the chemicals (+10%), automotives (+13%) and textiles (+10%) sub-sectors.
Anne Thorburn, Manpower spokesperson, comments: "There have been many reports of declining employment levels in the manufacturing industry.
Whilst the evidence we are seeing is that more companies are looking to increase their headcount, anecdotal accounts suggest that the proposed increases are not large-scale but rather more controlled expansions in workforce numbers.
"An increase in hiring confidence is good news, however the best news for the industry will be for this to translate into permanent long-term job opportunities." Across the UK, eight of the nine industry sectors surveyed by Manpower are planning to take on staff next quarter.
Employers in Transport and Communications; Finance and Business Services; and Manufacturing, all reported figures above the national average.
The Agriculture sector is the only sector to expect cutbacks with an outlook of -8% - a decline of nine percentage points over the last quarter and a year-on-year decrease of four percentage points.
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