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Time of India
2 days ago
- Business
- Time of India
Costa Rica's job boom vs USA hiring plateau: What it means for young professionals
With the job market changing around the world, Costa Rica has emerged as a quiet latest Q3 2025 Global Employment Outlook Survey by ManpowerGroup places the Central American nation at the top of the charts for job growth in key sectors, surpassing not only its regional peers but also the United States. For young professionals navigating a post-pandemic economy increasingly shaped by automation, demographic shifts, and geopolitical volatility, this shift is more than a statistic. According to the report, Costa Rica boasts a 41% Net Employment Outlook (NEO), the highest in the Americas, and one of the strongest globally. What makes this figure even more compelling is the sectoral depth behind it. Employers in Costa Rica report a 62% hiring outlook in healthcare and life sciences and 47% in industrials and materials, both the highest globally for these sectors. In contrast, the United States maintains a 30% NEO. While not weak by any means, the figure has remained unchanged since the same quarter last year. The flat trajectory points to a maturing market where growth is steady but no longer accelerating. For young professionals, especially recent graduates and early-career specialists, this difference in momentum could shape real decisions about where and how to build their careers. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Many Indians don't know about this! MLoan Read More Undo The rise of sectoral advantage Costa Rica has strategically positioned itself as a hub for advanced manufacturing, biotechnology, and medical device production. Over the past decade, it has attracted multinational corporations through fiscal incentives, a skilled bilingual workforce, and a growing emphasis on sustainability and Environmental, social, and governance (ESG) compliance. The convergence of healthcare and industry growth has created a rare dual opportunity for both technical and non-technical professionals, from biomedical engineers and process technicians to Human Resources (HR) specialists, regulatory affairs associates, and supply chain managers. Meanwhile, in the US, the hiring landscape is experiencing a recalibration. Demand remains strong in tech, financial services, and high-skill healthcare roles, but employers appear more cautious amid inflation concerns, AI-related workforce adjustments, and election-year uncertainty. While automation continues to reshape administrative and operational jobs, entry-level roles are increasingly expected to be hybrid-skilled, part technical, part strategic. What this means for career strategy For young professionals entering the workforce in 2025, the message is clear: regional flexibility and industry alignment are no longer optional. In a hyperconnected job market, proximity is becoming less critical than positioning. Those with degrees or experience in biomedical fields, logistics, engineering, or regulatory affairs may find faster mobility in emerging markets like Costa Rica. English-speaking professionals are in particular demand, given the dual-language requirements of global companies headquartered in the region. On the other hand, for those choosing to stay within the US job market, the plateau in hiring does not imply stagnation. It suggests saturation in some sectors and transition in others. Professionals who can upskill in AI fluency, data interpretation, and cross-functional project leadership will remain in high demand. Strategic internships, specialised certifications, and sector-specific training will serve as critical differentiators. Remote work and cross-border mobility Another critical dimension is the normalisation of remote and hybrid work, which allows professionals to tap into Costa Rica's booming market without full relocation. US-based workers with in-demand skills can now collaborate with Costa Rican firms or even secure roles with US multinationals expanding their operations there. For those open to relocation, Costa Rica offers more than just professional upside. As global hiring dynamics shift, so too must the mindset of the modern professional. Costa Rica's ascendance and the US hiring plateau are not just regional trends. They are reflections of a changing global economy that rewards agility, specialisation, and foresight. For career-focused young professionals, 2025 may be the year to look beyond the familiar and towards the places where the future of work is not just being discussed but actively built. TOI Education is on WhatsApp now. Follow us here . Ready to navigate global policies? Secure your overseas future. Get expert guidance now!
Time of India
4 days ago
- Business
- Time of India
UAE is the most promising place to find a job in Q3 2025: More than half of companies are hiring!
The UAE holds a global lead in hiring optimism for Q3 2025, with companies across key industries expecting strong workforce expansion/Representative Image TL;DR: The UAE ranks #1 globally in hiring optimism for Q3 2025 with a Net Employment Outlook ( NEO ) of +48%, far exceeding the global average of +24%. 56% of UAE employers expect workforce expansion; only 8% anticipate downsizing. Top hiring sectors: Transport, Logistics & Automotive (+64%), Consumer Goods & Services (+60%), Energy & Utilities (+62%), all significantly above global norms. Employers are revising compensation, offering performance bonuses, housing/education allowances, wellness perks, remote/hybrid options to retain talent amid rising costs. In a global job market marked by cautious optimism, the UAE has surged ahead as the world's most promising destination for job seekers in Q3 2025. According to the latest ManpowerGroup Employment Outlook Survey, the UAE posted a record-breaking Net Employment Outlook (NEO) of +48%, making it the top-ranking country for hiring optimism globally. With over half of employers planning to expand their workforce especially in fast-growing sectors like logistics, consumer goods, and energy, the Emirates has firmly positioned itself as a hotspot for professional growth, talent attraction, and economic resilience. Industry-wise, the strongest hiring prospects in the UAE for Q3 2025 are seen in transport, logistics, and automotive, with a net outlook of +58%. This is closely followed by the consumer goods and services sector (+56%) and energy and utilities (+53%), reflecting the UAE's ongoing push to modernize infrastructure and meet rising consumer demand. Notably, finance and real estate (+43%) and healthcare and life sciences (+42%) are also seeing a hiring surge, driven by post-pandemic investments and regional economic diversification goals. Sector Leaders in Hiring Growth Transport, Logistics & Automotive : leads with a +64% hiring outlook, 41 points above the global average, driven by demand for supply chain, smart-mobility, and infrastructure roles. Consumer Goods & Services : posts +60%, reflecting recovery in retail, FMCG, and tourism demand. Energy & Utilities : records +62%, fueled by sustainable infrastructure investments and energy sector diversification. Growth is mainly driven by business expansion (38%), tech innovations and AI integration (32%), and emerging industries (31%) that demand new skills and capabilities as per the survey. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like SRM Online MBA – Empowering Future Leaders SRM Online Enquire Now Undo Compensation Trends & Talent Retention Amid rising living costs, UAE employers are shifting beyond traditional pay: Enhancements include performance-linked bonuses, stock or equity plans, and tiered benefits. Growing uptake of housing and education allowances, particularly for mid‑ and senior‑level staff. Employers increasingly offer mental health benefits, wellness programs, child‑care support, flexible hours, and hybrid setups to meet changing candidate expectations and improve retention Broader Market Dynamics & Economic Context The UAE's robust hiring outlook aligns with broader economic indicators: April 2025 PMI data revealed its non-oil sector expanded for the 11th straight month, with employment growing at its fastest pace in nearly a year. Economic diversification efforts under Dubai's D33 strategy and national AI investments are strengthening demand for high-skilled professionals across sectors. Emiratisation targets and talent localisation policies are increasingly influencing hiring, especially in roles requiring local compliance and national quota integration. As Q3 2025 unfolds, the UAE job market stands out for its high employer confidence and robust hiring forecast. Strong momentum is visible across transformative sectors such as logistics, consumer services, energy, and innovation-driven industries. With compensation models evolving to meet workforce expectations and Emirati workforce targets gaining traction, the UAE cements its status as a prime destination for global talent and career growth.
Al Etihad
16-06-2025
- Business
- Al Etihad
UAE tops global hiring outlook amid strong appetite for growth
17 June 2025 00:15 MAYS IBRAHIM (ABU DHABI)The UAE ranks first globally for hiring optimism heading into the third quarter of 2025, according to the latest Employment Outlook Survey (MEOS) released by the UAE-based recruitment company a Net Employment Outlook (NEO) of +48% - double the global average of +24% - the UAE's labour market demonstrates strength, agility, and forward survey, which polled over 530 UAE employers, revealed that 56% plan to increase hiring activity in the coming months, while only 8% expect a decrease."This positions the UAE as a clear leader in global hiring sentiment, further cementing its reputation as the top destination for career opportunities in the Middle East," the report hiring confidence in the Europe, Middle East, and Africa (EMEA) region as a whole is at 19%, according to the Rideau, Country Manager at ManpowerGroup Middle East, said in a statement: "With a Net Employment Outlook of +48%, the highest globally, our labour market is reflecting not just resilience, but a robust appetite for growth.""The transport, consumer goods, and energy sectors are driving this momentum, signalling a strong demand for skilled talent across industries."Among the top-performing sectors, transport, logistics, and automotive lead with a hiring outlook of +64% - the highest globally and 41 percentage points above the international surge is attributed to infrastructure investments, smart mobility initiatives, and strong demand for supply chain talent. The consumer goods and services sector also posted a +60% outlook, outperforming the global sector average by 27 to the report, this outlook reflects growing retail, FMCG, and tourism-related demand post-pandemic and ahead of seasonal demand the energy and utilities sector stands at +62%, outpacing the global average by 43 points, as a result of the UAE's ongoing diversification in energy investments and sustainable Q3 2025 survey ties the strong hiring activity to several strategic factors. Company expansion is the leading catalyst, cited by 38% of 32% pointed to technological advancements prompting businesses to hire talent with specialised skills, while 31% said hiring is linked to the development of new business roles aligned with emerging industries and innovation efforts. The survey also revealed trends related to workforce restructuring in the UAE. Thirty-three percent of employers are reducing roles to optimise processes, and 28% cite automation as a factor driving changes in workforce structure. Source: Aletihad - Abu Dhabi
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Business Standard
10-06-2025
- Business
- Business Standard
Corporate India's hiring outlook steady for Jul-Sep quarter: Report
Corporate India has a steady hiring outlook for the next three months, driven by strong growth in the private services sector and hopes of economic benefits stemming from shifts in global trade dynamics, a report said on Tuesday. According to the latest ManpowerGroup Employment Outlook Survey, employers reported a Net Employment Outlook (NEO) of 42 per cent -- the second highest outlook globally and emerging as a key player in the global employment landscape. The NEO is calculated by subtracting the percentage of employers who anticipate reductions in staffing levels from those who plan to hire. "As we enter the third quarter of 2025, India's employment Outlook remains robust, with a NEO of 42 per cent -- among the highest globally. Despite a slight dip from the previous quarter, the 12-point year-on-year gain highlights sustained employer confidence and growth momentum in the labour market," said Sandeep Gulati, Managing Director, ManpowerGroup India and Middle East. As per the survey findings, the majority of employers - 54 per cent anticipate an increase in hiring, 32 per cent expect to maintain current staffing levels, 12 per cent anticipate a decrease, and 2 per cent are unsure. Globally, the UAE reported the strongest NEO of 48 per cent, followed by India (42 per cent) and Costa Rica (41 per cent) in the second and third position, respectively. The other countries in the top five most bullish hiring outlook include -- Brazil with 33 per cent at the fourth position and the Netherlands with 30 per cent at the 5th rank. "This optimism is driven by strong hiring intent in sectors such as Information Technology, Energy & Utilities, and Financial Services, where companies are actively expanding and accelerating digital transformation. "Even amid global geopolitical uncertainty and trade disruptions, Indian employers are staying proactive - 82 per cent report increased investment in automation, while 67 per cent are evolving their workforce strategies to meet changing skill demands," Gulati said. The results, based on responses from 3,146 employers across India during April 2025, showed the outlook declining by one point from the previous quarter, while improving by 12-point year-on-year. "Despite the quarterly dip, the Indian hiring Outlook remains very animated. This optimism is driven by strong growth in the private services sector and expectations of economic benefits stemming from shifts in global trade dynamics-especially in relation to China," the report said. The report further noted that global trade uncertainty is shaping hiring decisions for 90 per cent of companies. The impact is particularly pronounced among employers in Energy & Utilities (94 per cent), Information Technology & Communication Services at (93 per cent each), closely followed by those in Financials & Real Estate at 91 per cent. "We are seeing a clear shift from volume hiring to building agile, digitally skilled teams. As organisations adapt to this new world of work, resilience and transformation will be key. At ManpowerGroup, we believe India is well positioned to lead in the region, and employers who invest in innovation and inclusive talent strategies will be best placed to thrive in the long-term," Gulati said. A sector wise analysis shows that Energy & Utilities, with an outlook of 50 per cent, showed an increase of 18 points since the prior quarter and this quarter last year. Information Technology comes in as the second leading sector with hiring intentions at 46 per cent, down eleven points year-on-year. The sector's strength reflects ongoing digital transformation needs and AI-related skill demands. Other strong performers include - Industrials & Materials (45 per cent), Financials & Real Estate (43 per cent) & Healthcare & Life Sciences (38 per cent). Region wise, the North region with a NEO of 46 per cent, showed an increase of 2 points since the previous quarter and 10 points since Q3 2024. This is followed by East (44 per cent), West (41 per cent) and South with 36 per cent NEO. Moreover, employers in India within large organisations of 1,000-4,999 employees showed the most optimism with a NEO of 52 per cent. Expectations in these organisations decreased by 6 points since the previous quarter but increased by 10 points since this time last year. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Time of India
10-06-2025
- Business
- Time of India
Hiring confidence steady in India for July–September; IT, energy and BFSI to lead recruitment push, says ManpowerGroup employment outlook survey
Corporate India is expected to maintain a steady pace of hiring during the July–September 2025 quarter, with strong employer confidence in sectors such as IT, energy, and financial services helping offset global trade headwinds, according to the ManpowerGroup Employment Outlook Survey released on Tuesday. The report pegs India's Net Employment Outlook (NEO) at 42%, the second highest globally after the UAE. While slightly lower than the previous quarter, it marks a 12-point increase year-on-year, signalling continued strength in the domestic labour market, PTI reported. 'As we enter the third quarter of 2025, India's employment outlook remains robust. Despite a slight dip from Q2, the 12-point year-on-year gain highlights sustained employer confidence and growth momentum,' said Sandeep Gulati, Managing Director, ManpowerGroup India and Middle East. Private sector drives optimism Of the 3,146 Indian employers surveyed in April 2025, 54% plan to increase hiring, 32% expect to maintain current staffing levels, 12% anticipate cuts, and 2% are uncertain, the survey showed. The NEO is calculated by subtracting the percentage of employers expecting a fall in headcount from those projecting an increase. Globally, the UAE topped the hiring chart with a 48% NEO, followed by India (42%) and Costa Rica (41%). by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Pinga-Pinga e HBP? Tome isso 1x ao dia se tem mais de 40 anos Portal Saúde do Homem Clique aqui Undo Brazil and the Netherlands completed the top five with 33% and 30%, respectively. 'This optimism is driven by strong hiring intent in sectors such as Information Technology, Energy & Utilities, and Financial Services, where companies are actively expanding and accelerating digital transformation,' Gulati added. Despite geopolitical uncertainties and global trade disruptions, Indian employers continue to adapt: 82% report increased investment in automation, and 67% are reshaping workforce strategies to meet emerging skill demands. Sector and region-wise insights Among sectors, Energy & Utilities posted the strongest outlook at 50%, rising 18 points quarter-on-quarter and year-on-year. The IT sector followed at 46%, despite an 11-point decline from last year, reflecting ongoing demand for AI and digital transformation capabilities. Other high-growth sectors include Industrials & Materials (45%), Financials & Real Estate (43%), and Healthcare & Life Sciences (38%). Regionally, North India led with a NEO of 46%, up two points from the previous quarter and 10 points from the same period last year. The East followed at 44%, the West at 41%, and the South at 36%. Among organisations, large firms with 1,000–4,999 employees showed the highest hiring optimism, with a NEO of 52% — 10 points higher than a year ago despite a 6-point dip from the previous quarter. The report noted that 90% of global employers say trade uncertainty is influencing hiring. The impact is particularly strong in Energy & Utilities (94%), IT and Communication Services (93%), and Financials & Real Estate (91%). 'We are seeing a clear shift from volume hiring to building agile, digitally skilled teams,' Gulati said. 'Employers who invest in innovation and inclusive talent strategies will be best positioned to thrive.' Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
