UK employers plan to create more jobs in Q2, but signal a slowdown in the rate of job creation. Find out more in the SlideShare...

1. ManpowerGroup
Employment
Outlook Survey
Q2 2017
Tuesday, 14 March 2017

2. ManpowerGroup Employment Outlook Survey –
Q2 2017
ManpowerGroup Tuesday, 14 March 2017 2
MEOS Q2 2017 Summary
• At the national level, the NEO is +5%, down two points on the previous quarter:
This is back in line with the Q4, 2016 outlook.
• Private sector sentiment hits three year low: Private sector optimism is down three
points to +4, the lowest level of optimism since 2014.
• Smallest businesses buffeted by uncertainty: The outlook for the sector has fallen
to +1, the weakest outlook in three years. In contrast, big employers are markedly
more upbeat.
• London and Scotland downbeat: Optimism in the capital dipped from +8 last time to
+3 this quarter – the first time London has underperformed the national outlook in
over two years. Scotland is down dramatically, the only region in negative territory and
now at its weakest outlook in five years.
• Optimism in construction hits 10 yr high: Hiring intention in the building sector is
flying on +12, up 2 points on the quarter.

3. ManpowerGroup Employment Outlook Survey –
Q2 2017
ManpowerGroup Tuesday, 14 March 2017 3
2009 2011 2012 2013 2014 2015 2016
MEOS: Since 1Q 2009
2017
-3
-6
-5
-1
1 1 1 1
2 2
3
1
0
2 2
4
6 6
5
7
5
7 7 7
6 6 6
5
6
7
6
5
7
5
-10
-5
0
5
10
Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2
National NEO

4. ManpowerGroup Employment Outlook Survey –
Q2 2017
ManpowerGroup Tuesday, 14 March 2017 4
Size of company breakdown
3
7
11
11
14
1
5
8
12
16
2Q '17
1Q '17
QoQ change
LARGE
MEDIUM
SMALL
NATIONAL
MICRO
+2
+1
-3
-2
-2

5. ManpowerGroup Employment Outlook Survey –
Q2 2017
ManpowerGroup Tuesday, 14 March 2017 5
QoQ changeIndustry sector breakdown
12
7
6
6
5
4
3
1
-1
-2
10
13
7
6
7
6
4
0
2
3
+2
-6
-1
0
-2
-2
-1
+1
-3
-5
CONSTRUCTION
UTILITIES
FINANCE & BUSINESS SERVICES
MANUFACTURING
NATIONAL
RETAIL, WHOLESALE, HOSPITALITY
PUBLIC & SOCIAL
TRANSPORT, STORAGE, COMMS
MINING & QUARRYING
AGRICULTURE

6. ManpowerGroup Employment Outlook Survey –
Q2 2017
ManpowerGroup Tuesday, 14 March 2017 6
Public / private sector breakdown
QoQ change
• Private sector hiring remains strong
• Public sector still hit hard
-3
7
7
8
-2
4
5
7
2Q '17
1Q '17
NOT FOR PROFIT*
NATIONAL
PRIVATE
PUBLIC
-1
-2
-3
+1

7. ManpowerGroup Employment Outlook Survey –
Q2 2017
ManpowerGroup Tuesday, 14 March 2017 7
Regions and nations breakdown QoQ change
8
2
8
5
6
8
7
8
8
3
4
8
9
-3
2
3
4
5
5
5
5
5
6
7
8
9
2Q '17
1Q '17
EAST
EAST MIDLANDS
NORTHERN IRELAND
NORTH WEST
WEST MIDLANDS
SOUTH WEST
NATIONAL
YORKS & HUMBER
NORTH EAST
SOUTH EAST
LONDON
WALES
SCOTLAND
0
0
+3
+3
-3
-3
-2
-3
-1
-1
-5
0
-11

8. ManpowerGroup Employment Outlook Survey –
Q2 2017
ManpowerGroup Tuesday, 14 March 2017 8
UK employment intention heat map: Q2 2017