South African employers have
reported conservative hiring plans for the April to June time frame, according
to the latest Manpower Employment Outlook Survey released today.
The survey found that 13% of
employers forecast an increase in staffing levels, 8% expect a decrease and 77%
anticipate no change.
Once the data is adjusted to
allow for seasonal variation, the outlook stands at +5%. Hiring prospects are
unchanged when compared to the first quarter of 2016, but declined by 6
percentage points year-on-year.
Lyndy van den Barselaar,
managing director of Manpower SA, said “the
weak global position of the rand has had a negative impact on many SA
businesses, across sectors.
operating and import costs, paired with the rising costs of necessities and the
falling price of commodities, mean that many businesses do not have the budget
to hire new talent in the coming quarter. This trend is seen globally for the
second quarter of 2016.”
Labels: Weak rand curbs SA employers from hiring