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December 2, 2020

Employers report cautious hiring plans for last quarter

Only 14 percent of Romanian employers say they intend to add staff to their payrolls in the last quarter of this year, while 13 percent anticipate a decrease and 69 percent estimate no change, according to the latest Manpower Employment Outlook Survey. Thus, the seasonally adjusted Net Employment Outlook stands at plus 9 percent for the third consecutive quarter. The strongest hiring opportunities are expected to be seen in finance, insurance, real estate & business services sector, where employers report the most optimistic plans since the first quarter of 2009, and where the net Employment Outlook stands at plus 19 percent. Also, the market will be favorable for those seeking jobs in transport, storage and communications and in the public and social services sectors, where the net Employment Outlook stands at plus 8 percent and plus 6 percent respectively. The weakest hiring plans are reported by the employers in the construction sector. The minus 11 percent Outlook has returned to negative values, declining by 13 and 5 percentage points from the third quarter of 2014 and fourth quarter of 2013, respectively. In regional terms, the most confident employers are in the North-West, while the least confident are in the North-East region. However, the survey reveals that job seekers are more likely to find opportunities in large organizations, with more than 250 employees.

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