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Quick Takes: December 16, 2008
  

Job Growth Slowing to a Crawl


Hiring is expected to continue in some global regions, but at a slower pace.
By Garry Kranz
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Thinning Job Market: The pace of hiring will slow most significantly in Singapore, India and Taiwan in 2009, but hiring prospects are expected to be positive during the first quarter, according to the Manpower Employment Outlook Survey released December 9.

Employers in 25 of 33 surveyed countries and territories expect hiring to continue, although companies in 30 regions do expect the pace of hiring to be slower than that from the first three months of 2008.
Employers with the most active first-quarter hiring plans globally include those in Peru, Costa Rica, Canada, Romania, Colombia, South Africa, Australia, Poland, the U.S. and China. India is also on the list, although the pace of its hiring is down dramatically from a year ago, according to Manpower’s research. Employers in Canada and the U.S. are expected to register slight quarter-over-quarter improvements.


Workforce Management contributing editor Garry Kranz is based in Richmond, Virginia. E-mail editors@workforce.com to comment.


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