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September 18, 2021
BUSINESS

After years of massive layoffs, companies start hiring again

Employment prospects in Romania, during the 3rd quarter of the year, are among the most optimistic in the last three years, according to the Romania Libera newspaper. Only 8 pc of Romanian employers foresee a decline in the number of employees during the next quarter, finds a survey conducted by the HR company Manpower. An important percentage of 63 pc anticipate that the hiring process will stagnate, while 28 pc believe that the process will pick up. The so-called net-hiring intent, of 20 pc (the gap between hiring and layoff intents) is at the highest level in the last three years, and comes six months after Romania formally overcame recession.

Processing industry and constructions are the economic sectors where employers are the most optimistic for the next three months.

The country manager of Manpower Romania, Valentin Petrof believes that employers are increasingly confident in a recovery of the labour market.

“There are signs of an improved hiring activity at regional and sectorial levels, which hint that employers are increasingly confident in a recovery of the labour market,” Petrof said.

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