Technology companies in Spain anticipate a net employment growth of 21%. This puts them slightly above the national average, which stands at 20%, despite having experienced a 3-point drop compared to the previous quarter. This is highlighted in the latest Employment Forecast Study by ManpowerGroup.
During the period from October to December, 32% of companies in the sector plan to increase their teams, while 57% plan to maintain their staff levels, and only 11% are considering making cuts.
“Although we have seen a slight slowdown compared to the previous quarter, technology companies continue to have a strong demand for talent. Technology is a cross-cutting element in all industries and digitalisation continues to advance, so having technological talent is necessary to guarantee the competitiveness of our companies and our country,” says Myriam Blázquez, general director of Experis, IT consultancy of ManpowerGroup.
Financial and real estate sector: the most optimistic in job creation
The Financial and Real Estate sector in Spain leads job creation expectations for the last quarter of the year, with 29%. This marks an increase of 17 points compared to the previous quarter and 3 points more than the same period in 2023.
Behind them, with 24%, are the Energy and Utilities sectors, which in the previous quarter showed flat expectations (0%), and the Consumer Goods and Services sector, which grew 5 points in the quarterly comparison. The Industry sector follows closely with a net forecast of 22%.
With 21%, the sector is one point above the national average (20%), after losing 3 points compared to the previous quarter
On the negative side, Transport, logistics and automotive fell 10 points compared to the summer, reaching only 9%. Similarly, the Health and pharmacy sector, which led employment expectations in the third quarter, fell 19 points and stands at 8% by the end of the year. Advertising and communication, although it improved 4 points compared to the previous quarter, remains in negative territory with -5%.
Hiring by sector in Spain: The technology sector continues to stand out in terms of optimism worldwide
At a global level, the technology sector maintains its leadership in hiring expectations, improving 6 points compared to the previous quarter, with a forecast of 35%. It is followed by the Financial and Real Estate sector (32%), and closing the top three is Energy and Supplies with 8%.
About the ManpowerGroup Employment Outlook Study: The report is based on surveys of 40,340 companies globally, of which 1,050 are in Spain, in 42 countries and territories. Its objective is to identify employment trends for each quarter. The analysis by sector and region offers detailed information, based on the question: “How do you expect total employment in your company to change in the next quarter compared to the current one?” The results index varies between -100% and 100%. This study, with more than 60 years of history, is carried out through an online double-check system since the first quarter of 2022.
