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Employment Forecast for Q4 Modest, Manpower Survey Shows

Ljubljana, 09 September (STA) - Slovenian employers have announced modest employment opportunities for the last quarter of the year, while the labour market is expected to remain stable, according to an employment forecast by temping agency Manpower.

According to the Manpower survey, which featured 621 employers from ten industries, 9% of employers expect better employment opportunities in the last quarter, 7% expect a drop in employees, while the rest expect no changes.

This puts the net employment forecast at +2%, which is an 8-percentage point drop at the quarterly level, but a 2-percentage point growth on the annual level. A growth in employment is expected in eight out of the ten industries surveyed.

The forecasts are reserved, but despite the slow growth in employment 78% of the surveyed employers expect a stable market, Manpower Slovenija sales director Romana Šercelj told the press on Tuesday.

While the labour market is not going to be very active in the last quarter, job seekers can nevertheless count on a number of employment opportunities, according to her.

The most promising industry, with a +12% forecast, is transport, logistics and communications. The net employment forecast in the industry was up four percentage points at the quarterly level and by three points year-on-year.

At the annual level, the biggest growth (+10 percentage points) is expected in the wholesale and retail segment, with the net employment forecast standing at +7%, followed by mining and quarrying (+9 points) and electricity, gas and water supply (+6 points).

On the other hand, a drop in employment has been forecast for the hospitality industry, with the net employment forecast standing at -12%, and in the public administration and social services sector (-10%).

Šercelj said that the drops in both segments are logical, as the tourist season has ended and employment in the public sector has been frozen.

Employers have announced a growth in employment in three out of the four regions, with the biggest growth being projected for central Slovenia, with the net employment forecast standing at +7%, up by 10 percentage points year-on-year.

In terms of the size of companies, employment forecast is the most favourable in micro companies (less than 10 employees), followed by medium-sized companies (50-249 employees) and small companies (10-49 employees). The forecast is negative only for medium-sized companies (50-249 employees).

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