The fourth quarter will see an overall stagnation of new employments, Manpower study shows

Newsroom 07/09/2010 | 13:40

The last three months of this year will see a balanced activity on the labor market, according to a Manpower study called Perspectives of Employment on the Labor Market.

The study was carried out on 751 employers in Romania. 21 percent of the Romanian employers who were interviewed anticipate a surge in the volume of employment, while other 21 percent anticipate a reduction. The remaining 56 percent do not anticipate any change for the next three months in the existing labor force.

Generally, those who are looking for a new position may find some opportunities during the next quarter since employers have announced positive hiring intentions in five out of the ten sectors of activity.

The most important employment opportunities lie in the processing industry, while in the finances, insurance, real estate and business services, employers expressed a moderate optimism. Some opportunities are also expected in the energy, gas and water sectors.

“We have mixed signals from employers, according to the study on the fourth quarter. Thus, 21 percent of employers are planning to hire people in the next quarter, but the same percentage plan to make personnel redundant, while more than half say they will keep their current number of employees,” says Camelia Stanculescu, General Manager of Manpower Romania.

Employers from four of the eight analyzed regions are expecting a growth in the employment activity in the fourth quarter of 2010. The most favorable perspectives lie in the west of the country while in the center of the country, south-west and south, employers anticipate a slow rate of employments.

“For those who are looking for a new job, these are rather uncertain circumstances. It is obvious that employers are more and more cautious when they plan their future employments. Before assuming a personnel increase, they prefer to get clear signals that their orders have increased and only then confirm the new employments,” says Stanculescu.

 

Otilia Haraga

 

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