ROC job market tops Q2 global survey

2015-03-12

Taiwan’s job market growth is set to continue rising in the second quarter of 2015 and outpace other economies worldwide, according to an employment outlook survey released March 10 by U.S.-based ManpowerGroup.

The poll reflects hiring confidence among 1,048 Taiwan employers, with 49 percent expecting to increase job offerings and 47 percent maintaining present staffing levels. Adjusted to account for seasonal variation, Q2 hiring in Taiwan is projected at 45 percent, a rise of 7 percentage points year on year.

“Hiring is especially robust in large companies with 250 or more employees,” said Joan Yeh, temp operations manager for ManpowerGroup Taiwan. “Net employment outlook is 54 percent, up 3 percentage points from last quarter.”

Of the six assessed industrial sectors, finance, insurance and real estate are the most bullish, increasing 6 percentage points from Q1 to 52 percent. Manufacturing and services trail at 50 percent and 47 percent, respectively.

Mining and construction, transportation and utilities, and wholesale and retail trade are also upbeat on the hiring front compared with the previous quarter.

According to Manpower, these results put Taiwan’s hiring performance at the top in Asia-Pacific and worldwide, followed by India, Japan, Panama and New Zealand in that order.

“Economic recovery and robust domestic demand due to rosy global prospects have contributed to Taiwan’s steady hiring growth in recent quarters,” Yeh said.

Source: Taiwan Today (http://taiwantoday.tw/ct.asp?xItem=228154&ctNode=445)