Employers Report Steady Hiring Plans for Q3, Though Uncertainty Around Global Trade Led Many to Pause Hiring Decisions
- 89% of companies worldwide report that trade uncertainty impacted their immediate hiring decisions in April, though most plan for steady hiring in Q3
- Employers in
Asia Pacific (29%) lead regional hiring intentions, followed by theAmericas (27%), andEurope and theMiddle East (19%) - Information Technology maintains strongest sector Outlook at 36%, followed by Financials & Real Estate (28%), and Industrials & Materials (26%)
- Companies that are investing the most in technology report more optimistic hiring plans than those that do not plan tech investments
Used internationally as a bellwether of labor market trends, the NEO is calculated by subtracting the percentage of employers who anticipate reductions in staffing levels from those who plan to hire.
EMPLOYERS NAVIGATE TRADE UNCERTAINTY WITH TECHNOLOGY INVESTMENTS
Global trade volatility has emerged as a defining factor in workforce planning, with 89% of companies globally, and more than 80% of employers across 41 countries from
"Trade uncertainty added to already cooling labor markets, prompting some companies to pause or slow hiring plans," said
OTHER Q3 KEY FINDINGS
- Strongest hiring plans reported in
United Arab Emirates (48%),India (42%), andCosta Rica (41%), whileArgentina (3%),Hungary (5%), andRomania (6%) report the most cautious Outlooks. - Company expansion (37%) remains the top reason for staffing increases, while adapting to economic environment (34%) leads factors behind workforce adjustments.
- Size aligns with hiring optimism, as larger organizations show stronger confidence: companies with 1,000-4,999 employees report 29% Outlook, while smaller firms with fewer than 50 employees show more cautious 16% Outlook.
GLOBAL HIRING PLANS BY REGION
-
India (42%) leads regional confidence, ranking second globally, whileChina (28%) andSingapore (24%) continue to show solid hiring intentions. -
Hong Kong (8%) andJapan (15%) remain more cautious.
The
-
Costa Rica (41%) andBrazil (33%) report the strongest regional hiring intentions. -
Argentina continues to face challenges with the weakest global Outlook at 3%.
- The
United Arab Emirates (48%) tops global rankings in its first survey participation, withthe Netherlands (30%) andIreland (29%) also reporting robust Outlooks. - Several countries show year-over-year improvements, including
Israel (+13 points) andSweden (+12 points).
To view the complete results for the Q3 2025
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FORWARD-LOOKING STATEMENTS
This report contains forward-looking statements, including statements regarding labor demand in certain regions, countries and industries, and economic uncertainty, including trade uncertainty. Actual events or results may differ materially from those contained in the forward-looking statements, due to risks, uncertainties, and assumptions. These factors include those found in the Company's reports filed with the
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