Welcome!

News Feed Item

CareerBuilder Releases 2013 Job Forecast for the 10 Largest Global Economies

GURGAON, India, Jan. 16, 2013 /PRNewswire/ -- CareerBuilder's first annual job forecast for the 10 largest world economies tells a tale of both confidence and caution.  Brazil and India are voicing the greatest confidence with more than two-thirds of employers in these markets planning to add full-time, permanent headcount in 2013.  Italy is the least optimistic, housing more employers who expect to decrease staff than those who expect to hire.    

"The job outlook presents varying degrees of growth and deceleration as governments and businesses strive to rebuild and expand and deal with large deficits," said Matt Ferguson, CEO of CareerBuilder.  "Hiring activity in the BRIC countries (Brazil, Russia, India and China) is projected to be significantly higher than other markets while recruitment in Europe remains sluggish as leaders struggle to resolve a debt crisis that has global implications.  The overall hiring picture is improving, but companies will remain watchful as they navigate headwinds and maneuver through somewhat precarious economic terrain."

The survey, conducted by Harris Interactive© from November 1 to November 30, 2012, included more than 6,000 hiring managers in countries with the largest gross domestic product. 

Current Financial Position

More than 60 percent of employers in the U.S. and BRIC countries reported that their company's financial position is stronger compared to this time last year.  Companies in Italy and Japan were the most likely to report that their financial situation has stayed the same or worsened.  

Number of Employers Who Are in a Better Financial Position Than One Year Ago:

  • India – 81%
  • Brazil – 80%
  • China – 67%
  • Russia – 63%
  • U.S. – 62%
  • U.K. – 50%
  • Germany – 45%
  • France – 38%
  • Japan – 34%
  • Italy – 25%

Full-time, Permanent Hiring in 2013

Emerging economies are the most aggressive in terms of hiring plans despite a slowing in economic expansion.  Brazil houses the largest percentage of employers adding headcount (71 percent), in part influenced by plans to host the upcoming World Cup and Summer Olympics and a better performing manufacturing sector.  Although impacted by weakened trade and market demand, China's and India's GDP have grown at a rate that far outstrips the rest of the world's major economies.  More than half of employers in China and two-thirds in India plan to hire in 2013.  Russia has hit record low unemployment and still benefits from metals and energy exports despite a fall off in demand in China and Europe.  There is also a more aggressive push for high tech investments.  Nearly half of Russian employers plan to add jobs. 

European nations continue to battle another recession.  The global decline further exacerbated the effects of austerity measures designed to manage down debt.  One-third of Italian employers (33 percent) expect to downsize staffs, the highest of the top 10 economies.  Hiring activity in France is expected to be flat with nearly one in four employers planning to add or decrease headcount.  While 30 percent of U.K. employers plan to hire, 21 percent are anticipating a decline for a net increase of only 9 percent adding jobs.  Germany, which has been somewhat insulated from the crisis but not immune, is more optimistic with nearly three in 10 employers planning to hire and 15 percent expecting a decline. 

In the U.S., concerns over the fiscal cliff during the time of the survey may have resulted in more conservative predictions, but hiring activity has been on a gradual upward trajectory.  Twenty-six percent will add new jobs this year.

Rounding out the top economies, Japan continues to work to resuscitate business investment and consumer spending after a devastating tsunami in 2011.  While 22 percent of employers in Japan plan to increase staff, 19 percent expect to downsize.

  • Brazil – 71% increase, 5% decrease, 20% no change
  • India – 67% increase, 13% decrease, 17% no change
  • Russia – 48% increase, 15% decrease, 36% no change
  • China – 52% increase, 27% decrease, 21% no change
  • U.S. – 26% increase, 9% decrease, 55% no change
  • Germany – 29% increase, 15% decrease, 53% no change
  • U.K. – 30% increase, 21% decrease, 46% no change
  • Japan – 22% increase, 19% decrease, 56% no change
  • France – 24% increase, 24% decrease, 48% no change
  • Italy – 19% increase, 33% decrease, 43% no change

*Remaining percentage is undecided.

Top Jobs for the New Year

Across major markets, employers are most likely to hire for positions that are closely tied to revenue and innovation.  Common themes of hiring in Sales, Customer Service, Information Technology and Production came through in the study, though it is notable that China was the only market that listed Research & Development in its top three areas for recruitment. 

When asked to identify the top areas their organizations will be hiring for, employers pointed to:   

  • U.S. – Sales, Information Technology, Customer Service
  • China – Sales, Research & Development, Production
  • Japan – Information Technology, Engineering, Customer Service
  • Germany – Information Technology, Sales, Production
  • France – Production, Sales, Information Technology (IT tied with Customer Service)
  • U.K. – Sales, Administrative, Customer Service
  • Brazil – Customer Service, Information Technology, Administrative
  • Italy – Production, Sales, Administrative
  • Russia – Production, Customer Service, Engineering
  • India – Information Technology, Marketing, Customer Service

Survey Methodology

This survey was conducted online within the U.S., Brazil, China, France, Germany, India, Italy, Japan, Russia and the U.K. by Harris Interactive© on behalf of CareerBuilder among hiring managers and human resource professionals (employed full-time, not self-employed, non-government) between November 1 and November 30, 2012 (percentages for some questions are based on a subset, based on their responses to certain questions). With pure probability samples ranging from 400 to 2,611, one could say with a 95 percent probability that the overall results have a sampling error between +/- 4.9 and +/-1.92 percentage points.  Sampling error for data from sub-samples is higher and varies.

About CareerBuilder®

CareerBuilder is the global leader in human capital solutions, helping companies target and attract their most important asset - their people. Its online career site, CareerBuilder.com®, is the largest in the United States with more than 24 million unique visitors, 1 million jobs and 49 million resumes. CareerBuilder works with the world's top employers, providing resources for everything from employment branding and talent intelligence to recruitment support. More than 10,000 websites, including 140 newspapers and broadband portals such as MSN and AOL, feature CareerBuilder's proprietary job search technology on their career sites. Owned by Gannett Co., Inc. (NYSE: GCI), Tribune Company and The McClatchy Company (NYSE: MNI), CareerBuilder and its subsidiaries operate in the United States, Europe, South America, Canada and Asia. For more information, visit www.careerbuilder.com.

India Media Contact
Manu Srikumar
Marketing Manager – India
[email protected] 
0124-4705309

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. Jack Norris reviews best practices to show how companies develop, deploy, and dynamically update these applications and how this data-first...
Intelligent Automation is now one of the key business imperatives for CIOs and CISOs impacting all areas of business today. In his session at 21st Cloud Expo, Brian Boeggeman, VP Alliances & Partnerships at Ayehu, will talk about how business value is created and delivered through intelligent automation to today’s enterprises. The open ecosystem platform approach toward Intelligent Automation that Ayehu delivers to the market is core to enabling the creation of the self-driving enterprise.
"At the keynote this morning we spoke about the value proposition of Nutanix, of having a DevOps culture and a mindset, and the business outcomes of achieving agility and scale, which everybody here is trying to accomplish," noted Mark Lavi, DevOps Solution Architect at Nutanix, in this SYS-CON.tv interview at @DevOpsSummit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We're here to tell the world about our cloud-scale infrastructure that we have at Juniper combined with the world-class security that we put into the cloud," explained Lisa Guess, VP of Systems Engineering at Juniper Networks, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Historically, some banking activities such as trading have been relying heavily on analytics and cutting edge algorithmic tools. The coming of age of powerful data analytics solutions combined with the development of intelligent algorithms have created new opportunities for financial institutions. In his session at 20th Cloud Expo, Sebastien Meunier, Head of Digital for North America at Chappuis Halder & Co., discussed how these tools can be leveraged to develop a lasting competitive advantage ...
As businesses adopt functionalities in cloud computing, it’s imperative that IT operations consistently ensure cloud systems work correctly – all of the time, and to their best capabilities. In his session at @BigDataExpo, Bernd Harzog, CEO and founder of OpsDataStore, presented an industry answer to the common question, “Are you running IT operations as efficiently and as cost effectively as you need to?” He then expounded on the industry issues he frequently came up against as an analyst, and ...
The question before companies today is not whether to become intelligent, it’s a question of how and how fast. The key is to adopt and deploy an intelligent application strategy while simultaneously preparing to scale that intelligence. In her session at 21st Cloud Expo, Sangeeta Chakraborty, Chief Customer Officer at Ayasdi, will provide a tactical framework to become a truly intelligent enterprise, including how to identify the right applications for AI, how to build a Center of Excellence to ...
"We're a cybersecurity firm that specializes in engineering security solutions both at the software and hardware level. Security cannot be an after-the-fact afterthought, which is what it's become," stated Richard Blech, Chief Executive Officer at Secure Channels, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
In his session at 20th Cloud Expo, Mike Johnston, an infrastructure engineer at Supergiant.io, discussed how to use Kubernetes to set up a SaaS infrastructure for your business. Mike Johnston is an infrastructure engineer at Supergiant.io with over 12 years of experience designing, deploying, and maintaining server and workstation infrastructure at all scales. He has experience with brick and mortar data centers as well as cloud providers like Digital Ocean, Amazon Web Services, and Rackspace. H...
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
SYS-CON Events announced today that Massive Networks will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Massive Networks mission is simple. To help your business operate seamlessly with fast, reliable, and secure internet and network solutions. Improve your customer's experience with outstanding connections to your cloud.
DevOps is under attack because developers don’t want to mess with infrastructure. They will happily own their code into production, but want to use platforms instead of raw automation. That’s changing the landscape that we understand as DevOps with both architecture concepts (CloudNative) and process redefinition (SRE). Rob Hirschfeld’s recent work in Kubernetes operations has led to the conclusion that containers and related platforms have changed the way we should be thinking about DevOps and...
Given the popularity of the containers, further investment in the telco/cable industry is needed to transition existing VM-based solutions to containerized cloud native deployments. The networking architecture of the solution isolates the network traffic into different network planes (e.g., management, control, and media). This naturally makes support for multiple interfaces in container orchestration engines an indispensable requirement.
Everything run by electricity will eventually be connected to the Internet. Get ahead of the Internet of Things revolution and join Akvelon expert and IoT industry leader, Sergey Grebnov, in his session at @ThingsExpo, for an educational dive into the world of managing your home, workplace and all the devices they contain with the power of machine-based AI and intelligent Bot services for a completely streamlined experience.
Because IoT devices are deployed in mission-critical environments more than ever before, it’s increasingly imperative they be truly smart. IoT sensors simply stockpiling data isn’t useful. IoT must be artificially and naturally intelligent in order to provide more value In his session at @ThingsExpo, John Crupi, Vice President and Engineering System Architect at Greenwave Systems, will discuss how IoT artificial intelligence (AI) can be carried out via edge analytics and machine learning techn...