Hiring Forecast for 2020 in South Africa The ManpowerGroup has published its latest employment outlook survey, showing that South African employers have ‘soft’ hiring intentions in Q1 2020. The group’s data shows that while 10% of employers forecast an increase in payrolls, 8% anticipate a decrease and 81% expect to make no changes. Once the data is adjusted to allow for seasonal variation, the outlook stands at +2%, and is the weakest reported in more than five years. Hiring plans remain relatively stable when compared with the previous quarter, but declined by three percentage points in comparison with the same period last year. “As we move into the new year, the South African economy continues to be affected by subdued economic growth and a sluggish growth outlook,” said Lyndy van den Barselaar, managing director of ManpowerGroup SA. “Policy uncertainty and a high unemployment rate remain a deep concern for local businesses who are look...
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