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
Fortunately, meaningful and tangible business cases for IoT are plentiful in a broad array of industries and vertical markets. These range from simple warranty cost reduction for capital intensive assets, to minimizing downtime for vital business tools, to creating feedback loops improving product design, to improving and enhancing enterprise customer experiences. All of these business cases, which will be briefly explored in this session, hinge on cost effectively extracting relevant data from ...
SYS-CON Events announced today that VAI, a leading ERP software provider, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. VAI (Vormittag Associates, Inc.) is a leading independent mid-market ERP software developer renowned for its flexible solutions and ability to automate critical business functions for the distribution, manufacturing, specialty retail and service sectors. An IBM Premier Business Part...
SYS-CON Events announced today that Alert Logic, Inc., the leading provider of Security-as-a-Service solutions for the cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Alert Logic, Inc., provides Security-as-a-Service for on-premises, cloud, and hybrid infrastructures, delivering deep security insight and continuous protection for customers at a lower cost than traditional security solutions. Ful...
In most cases, it is convenient to have some human interaction with a web (micro-)service, no matter how small it is. A traditional approach would be to create an HTTP interface, where user requests will be dispatched and HTML/CSS pages must be served. This approach is indeed very traditional for a web site, but not really convenient for a web service, which is not intended to be good looking, 24x7 up and running and UX-optimized. Instead, talking to a web service in a chat-bot mode would be muc...
SYS-CON Events announced today that Catchpoint Systems, Inc., a provider of innovative web and infrastructure monitoring solutions, has been named “Silver Sponsor” of SYS-CON's DevOps Summit at 18th Cloud Expo New York, which will take place June 7-9, 2016, at the Javits Center in New York City, NY. Catchpoint is a leading Digital Performance Analytics company that provides unparalleled insight into customer-critical services to help consistently deliver an amazing customer experience. Designed...
More and more companies are looking to microservices as an architectural pattern for breaking apart applications into more manageable pieces so that agile teams can deliver new features quicker and more effectively. What this pattern has done more than anything to date is spark organizational transformations, setting the foundation for future application development. In practice, however, there are a number of considerations to make that go beyond simply “build, ship, and run,” which changes ho...
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 ad...
Advances in technology and ubiquitous connectivity have made the utilization of a dispersed workforce more common. Whether that remote team is located across the street or country, management styles/ approaches will have to be adjusted to accommodate this new dynamic. In his session at 17th Cloud Expo, Sagi Brody, Chief Technology Officer at Webair Internet Development Inc., focused on the challenges of managing remote teams, providing real-world examples that demonstrate what works and what do...
As enterprises work to take advantage of Big Data technologies, they frequently become distracted by product-level decisions. In most new Big Data builds this approach is completely counter-productive: it presupposes tools that may not be a fit for development teams, forces IT to take on the burden of evaluating and maintaining unfamiliar technology, and represents a major up-front expense. In his session at @BigDataExpo at @ThingsExpo, Andrew Warfield, CTO and Co-Founder of Coho Data, will dis...
SYS-CON Events announced today that Men & Mice, the leading global provider of DNS, DHCP and IP address management overlay solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. The Men & Mice Suite overlay solution is already known for its powerful application in heterogeneous operating environments, enabling enterprises to scale without fuss. Building on a solid range of diverse platform support,...
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management...
SYS-CON Events announced today that AppNeta, the leader in performance insight for business-critical web applications, will exhibit and present at SYS-CON's @DevOpsSummit at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. AppNeta is the only application performance monitoring (APM) company to provide solutions for all applications – applications you develop internally, business-critical SaaS applications you use and the networks that deli...
It's easy to assume that your app will run on a fast and reliable network. The reality for your app's users, though, is often a slow, unreliable network with spotty coverage. What happens when the network doesn't work, or when the device is in airplane mode? You get unhappy, frustrated users. An offline-first app is an app that works, without error, when there is no network connection.
Father business cycles and digital consumers are forcing enterprises to respond faster to customer needs and competitive demands. Successful integration of DevOps and Agile development will be key for business success in today’s digital economy. In his session at DevOps Summit, Pradeep Prabhu, Co-Founder & CEO of Cloudmunch, covered the critical practices that enterprises should consider to seamlessly integrate Agile and DevOps processes, barriers to implementing this in the enterprise, and pr...
The cloud promises new levels of agility and cost-savings for Big Data, data warehousing and analytics. But it’s challenging to understand all the options – from IaaS and PaaS to newer services like HaaS (Hadoop as a Service) and BDaaS (Big Data as a Service). In her session at @BigDataExpo at @ThingsExpo, Hannah Smalltree, a director at Cazena, will provide an educational overview of emerging “as-a-service” options for Big Data in the cloud. This is critical background for IT and data profes...