Companies expect hiring momentum to remain robust
Published: Tuesday, Jun 11th 2024, 00:20
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Swiss companies expect employment prospects to remain good in the third quarter of 2024 despite the difficult environment. More than half of the companies surveyed by recruitment agency Manpower expect staff numbers to rise.
Specifically, just over half of the companies stated that they expect the number of employees to increase. A further 25 percent expect no change and 20 percent see a decrease, as Manpower announced on Tuesday.
According to Manpower, this results in a seasonally adjusted net employment outlook of 34%. This means that the Swiss labor market is "booming": no other country in the Europe, Middle East and Africa region has better employment prospects.
Six out of seven Swiss regions reported a positive outlook with values between 26% and 48%. Only Ticino reported a negative value of minus 15 percent.
Most skilled workers were sought in the energy and utilities sector (net +66%). Manpower explained that companies had probably assumed that the outcome of the vote on the Electricity Supply Act would be positive.
Artificial intelligence, meanwhile, appears to be of little concern to the workforce. Only around a quarter of the employers surveyed fear that employees will resist the change.
©Keystone/SDA
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