The Slovenia Times

Employers cautiously optimistic in second quarter outlook

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While 13% of the surveyed employers expect a growth in employment between April and June, 4% expect a decline, and the remaining 83% plan no changes in the job structure, the Manpower Group said on Tuesday.

The net employment outlook has not changed significantly compared to the first quarter of the year, while it dropped by two percentage points year-on-year.

A growth in employment is expected by employers in all seven industries included in the survey, in particular in financial and business services. The outlook by employers in wholesale and retail is also very promising.

In the financial and business services industry, the difference between the share of employers who expect a growth and those who expect a decline in employment is 18 percentage points in favour of the former.

In the hospitality and hotel industry, employers report about limited employment opportunities, while the outlook in the remaining industries is still positive, but the lowest in the last two years.

At the quarterly level, employment outlook among Slovenian employers increased in four industries, and at the annual level in two industries.

The improvement is the highest in financial and business services both at the quarterly and annual levels, while the biggest deterioration was recorded in the construction sector and hospitality and hotel industry.

Region-wise, the most optimistic outlook comes from central and north-eastern Slovenia, where the difference between the share of employers who expect a growth and those who expect a decline in employment is 10 percentage points.

The survey was conducted between 6 and 28 January, before the global spreading of the novel coronavirus, and involved a total of 58,000 employers from 43 countries.

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