All eyes are on this year’s Nabalabantfu’s picnic taking place this coming Saturday 15 December 2018 in KaMhlushwa, Nkomazi.
The survey covered 751 business owners across the country, a majority of whom said they were optimistic of SA’s economy.
A national survey conducted and released by Manpower Group this month has painted a more positive picture of the confidence that business owners have in South Africa’s economy, with a majority of those interviewed saying they would definitely increase staff in 2017.
The survey, called ‘Employment Outlook Survey’ and which covered 751 employers across the country, showed that 12% of business-owners are expecting to increase staff this year, 81% expect to keep their staff levels stable and only 5% say they believe they will reduce their staff in 2017.
This puts the 2017 employment outlook at 7%.
Manpower Group managing director Lindy van den Barselaar said employers were more optimistic in 2017 than they were in 2016.
“As global economic uncertainty continues, many businesses will be more cautious about increasing staffing levels.
“The majority of local employers said they anticipated no change in their staffing levels for the upcoming quarter, which is a reflection of this economic uncertainty translating into the local employment market”.
Job seekers will benefit more in Western Cape, which has an employment outlook of over 14%, over 9% in both Free State and KwaZulu Natal, while Gauteng outlook stands at over 4% and 6% in Eastern Cape.
Sectors like transport, storage and communication reported the strongest hiring intentions at 15%.
Agriculture, hunting, forestry and fishing sector and the finance, insurance, real estate and business services sectors stand at over 11%.
Employers in the wholesale and retail sector report hiring intentions of over 10%, while the electricity, gas and water supply sectors as well as the restaurants and hotels sectors reported a 9% optimism.
(edited by MLM)
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