The ManpowerGroup Outlook provides insights into UK employers’ hiring intentions for Q3 2023 (July to September 2023). It is the most comprehensive, forward-looking employment survey of its kind, used as a key economic indicator by the Bank of England and the UK Government.
John Gargan, Northern Ireland regional manager of ManpowerGroup UK, said: “There has been a huge increase in the overall hiring intent of employers based in Northern Ireland, as the region continues to report significantly lower unemployment rates at 2.4%. This is half of the highest unemployment rates reported in both the West Midlands and Wales, at 4.8%. Northern Ireland’s Net
Employment Outlook for Q3 (July to September) 2023 is +52%, which is an incredible rise of +31% percentage-points on the quarter, and 23 percentage points above the UK’s overall Q3 Outlook.
“This confident hiring intent would typically be a sign of strong economic conditions characterised by jobs growth and opportunity. But as we know, the reality has been an economy of stagnation and rising costs over the past 18 months. In the context of Northern Ireland, it also framed by the region having the UK’s highest economic inactivity rate at 25.8% and so we’re seeing employment conditions that remain extremely tight with no signs of loosening.”
The regional fact sheets here: https://www.manpowergroup.co.