A ManpowerGroup Employment Outlook Survey shows hiring managers across the Asia Pacific (APAC) region will take a measured approach into Q1 2025 recording a Net Employment Outlook (NEO) of 27%, this is consistent with Q4 2024 and 3% lower compared to Q1 2024.
The Survey, which gathered data from over 40,000 employers across 42 countries between October 1-31, 2024, including over 10,000 employers across seven APAC countries and territories, indicates that employers expect to maintain a steady hiring pattern as they head into the new year.
“The fact employers across the APAC region are indicating they will hold a steady and consistent hiring pattern into quarter one, amid ongoing global uncertainty, is positive news,” said Francois Lancon, President – Asia Pacific & Middle East Region.
“The latest figures suggest employers are continuing to demonstrate a level of resilience to the current economic conditions as they maintain their focus on hiring the talent they need for future growth.”
Used internationally as a bellwether of labor market trends, the NEO is calculated by subtracting the percentage of employers who anticipate reductions in staffing levels from those who plan to hire.
