ECONOMY

Employers cool on third-quarter hiring plans

Adverse international market conditions appear to be affecting the staff hiring plans of many Greek businesses, with almost two thirds of employers saying they do not intend to up staff numbers in the next three months, according to survey results made public yesterday. The survey, put together by Manpower, found that 64 percent of those questioned responded they will not increase the number of people on their payroll between July to September, versus 23 percent that said they would hire more staff. Despite the slowdown in the growth rate of staff hirings, broader employment prospects across the nine sectors surveyed remained positive. Tourism came up as one of the sectors with strongest hiring prospects. The net employment outlook, the number of employers anticipating an increase in hiring activity less those that expect a decrease in hiring, in tourism rose seven percentage points from the previous quarter to 30 percent. Positive trends were also recorded in the energy sector, transport and communications sectors. The least number of hirings in the third quarter of the year are expected to be completed in the construction sector.