Cognitive Computing Authors: Yeshim Deniz, Pat Romanski, Elizabeth White, William Schmarzo, Shelly Palmer

News Feed Item

CareerBuilder Releases 2013 Job Forecast for the 10 Largest Global Economies

LONDON, 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.

UK Media Contact
Claire Jones
Associate Director, BOTTLE PR
[email protected]

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.

@ThingsExpo Stories
Digital Transformation and Disruption, Amazon Style - What You Can Learn. Chris Kocher is a co-founder of Grey Heron, a management and strategic marketing consulting firm. He has 25+ years in both strategic and hands-on operating experience helping executives and investors build revenues and shareholder value. He has consulted with over 130 companies on innovating with new business models, product strategies and monetization. Chris has held management positions at HP and Symantec in addition to ...
Cloud-enabled transformation has evolved from cost saving measure to business innovation strategy -- one that combines the cloud with cognitive capabilities to drive market disruption. Learn how you can achieve the insight and agility you need to gain a competitive advantage. Industry-acclaimed CTO and cloud expert, Shankar Kalyana presents. Only the most exceptional IBMers are appointed with the rare distinction of IBM Fellow, the highest technical honor in the company. Shankar has also receive...
Enterprises have taken advantage of IoT to achieve important revenue and cost advantages. What is less apparent is how incumbent enterprises operating at scale have, following success with IoT, built analytic, operations management and software development capabilities - ranging from autonomous vehicles to manageable robotics installations. They have embraced these capabilities as if they were Silicon Valley startups.
The standardization of container runtimes and images has sparked the creation of an almost overwhelming number of new open source projects that build on and otherwise work with these specifications. Of course, there's Kubernetes, which orchestrates and manages collections of containers. It was one of the first and best-known examples of projects that make containers truly useful for production use. However, more recently, the container ecosystem has truly exploded. A service mesh like Istio addr...
Poor data quality and analytics drive down business value. In fact, Gartner estimated that the average financial impact of poor data quality on organizations is $9.7 million per year. But bad data is much more than a cost center. By eroding trust in information, analytics and the business decisions based on these, it is a serious impediment to digital transformation.
Predicting the future has never been more challenging - not because of the lack of data but because of the flood of ungoverned and risk laden information. Microsoft states that 2.5 exabytes of data are created every day. Expectations and reliance on data are being pushed to the limits, as demands around hybrid options continue to grow.
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
As IoT continues to increase momentum, so does the associated risk. Secure Device Lifecycle Management (DLM) is ranked as one of the most important technology areas of IoT. Driving this trend is the realization that secure support for IoT devices provides companies the ability to deliver high-quality, reliable, secure offerings faster, create new revenue streams, and reduce support costs, all while building a competitive advantage in their markets. In this session, we will use customer use cases...
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
The IoT Will Grow: In what might be the most obvious prediction of the decade, the IoT will continue to expand next year, with more and more devices coming online every single day. What isn’t so obvious about this prediction: where that growth will occur. The retail, healthcare, and industrial/supply chain industries will likely see the greatest growth. Forrester Research has predicted the IoT will become “the backbone” of customer value as it continues to grow. It is no surprise that retail is ...
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. Digital Transformation (DX) is a major focus with the introduction of DXWorldEXPO within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of bus...
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, we provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading...
DXWorldEXPO LLC announced today that "Miami Blockchain Event by FinTechEXPO" has announced that its Call for Papers is now open. The two-day event will present 20 top Blockchain experts. All speaking inquiries which covers the following information can be submitted by email to [email protected] Financial enterprises in New York City, London, Singapore, and other world financial capitals are embracing a new generation of smart, automated FinTech that eliminates many cumbersome, slow, and expe...
Cloud Expo | DXWorld Expo have announced the conference tracks for Cloud Expo 2018. Cloud Expo will be held June 5-7, 2018, at the Javits Center in New York City, and November 6-8, 2018, at the Santa Clara Convention Center, Santa Clara, CA. Digital Transformation (DX) is a major focus with the introduction of DX Expo within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive ov...
DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
DXWorldEXPO LLC announced today that ICOHOLDER named "Media Sponsor" of Miami Blockchain Event by FinTechEXPO. ICOHOLDER give you detailed information and help the community to invest in the trusty projects. Miami Blockchain Event by FinTechEXPO has opened its Call for Papers. The two-day event will present 20 top Blockchain experts. All speaking inquiries which covers the following information can be submitted by email to [email protected] Miami Blockchain Event by FinTechEXPO also offers s...
DXWorldEXPO | CloudEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
Dion Hinchcliffe is an internationally recognized digital expert, bestselling book author, frequent keynote speaker, analyst, futurist, and transformation expert based in Washington, DC. He is currently Chief Strategy Officer at the industry-leading digital strategy and online community solutions firm, 7Summits.