ManpowerGroup Employment Outlook Survey

Talent shortage keeps Swiss companies' hiring intentions at a high level.

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A message from Jan Jacob,

ManpowerGroup Switzerland Country Manager 

"The impact of the economic slowdown, inflation and higher business costs is being felt in the Swiss labor market, but not as much as the economic forecasts suggest. The reason for this is probably the continuing shortage of skilled workers in Switzerland.".

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Key findings

  • Despite global and regional risks, Swiss employers are optimistic: hiring intentions for the first quarter of 2023 stand at 24%. This is down 5 percentage points from a year ago.

  • Globally, the Net Employment Outlook stands at 23% (-14% compared to Q1 2022). The EMEA region, which also includes Switzerland, reports the weakest employment outlook in the world.

  • In Switzerland, all 9 business sectors surveyed expect to recruit year-over-year. Employees in the 'Transportation, Logistics, Automotive', 'Information Technology' and 'Finance/Real Estate' sectors are expected to benefit the most.

  • Employment Outlooks remain positive in the 'Health Care & Life Sciences' and 'Consumer Goods & Services' sectors, but decrease significantly.

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Every quarter, the ManpowerGroup Employment Outlook Survey determines companies' forecasts for staffing levels in the coming quarter. Internationally, ManpowerGroup surveys approximately 40000 employers in 40 countries. In Switzerland, the national survey is conducted by Right Management Consultants. More than 500 employers from various industries were surveyed.

Everything at a glance

To get an overview of this quarter's trends, please download our infographics

 

 

 

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Full report

Strongest hiring intentions among organizations are reported in Panama (+39%), Costa Rica (+35%), and Canada (+34%); weakest in Hungary (-8%), Poland (-2%), and the Czech Republic (+1%).

 

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Press release

In the 1st quarter of 2023, hiring intention of Swiss companies are still increasing as compared to the last quarter of 2022. 

 

 

 

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Igor Hahn, Operations Director Manpower Switzerland, comments on the results of the survey for the 1st quarter 2023

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