Technology companies begin the year as the most optimistic, with net job creation forecasts of 27%, according to the latest ManpowerGroup Employment Projection Study. This figure represents a drop of 4 points compared to last year, but represents an increase of 6 points compared to the previous quarter, placing technology companies 10 points above the national average (17%).
The study also reveals that 33% of companies in Spain intend to increase their workforce, while 18% anticipate reductions. This results in a net hiring forecast of 17%, which marks a decrease of 3 points compared to the previous quarter. This decline suggests that the Spanish labor market is moving away from the global average expected for 2025, which stands at 25%.
For its part, the average expectations in Spain over the last decade reveal fluctuations, with a general downward trend in recent hiring forecasts. Expectations for Q1 2025 align with Q1 2024 numbers, suggesting a plateau in job growth projections.
Myriam Blázquez, general director of Experis – ManpowerGroup’s IT consultant – states that “the technology sector maintains a strong hiring momentum. Digitalization continues to be a fundamental pillar for the competitiveness of Spanish companies and the demand for qualified professionals remains solid, even experiencing a rebound compared to the previous quarter. Although there are challenges, such as the shortage of certain profiles and skills, the outlook remains promising for companies that are committed to attracting, developing and retaining tech talent.”
Sectors with Better Prospects
The sectors that show the best hiring expectations in Spain are Health and Pharmacy, Finance and Real Estate and Technology. Unlike sectors such as Transportation and Logistics that have seen declines in confidence in previous quarters, Technology has regained its position as a leader in hiring expectations.
The technology sector begins the year with the most optimistic job creation expectations, reaching 27%
Regional Differences
From a geographical perspective, the northeast of Spain is the most optimistic region with 27% positive expectations, while the east shows the steepest decline with 9%. Other points such as the south and the center present moderate expectations, which highlights a significant diversity in projections depending on geographic location.
Global Employment Expectations
Internationally, 41% of companies plan to increase their teams, and only 16% anticipate reductions, resulting in a net forecast of 25%. This indicates a favorable climate for employment in the global market, where sectors such as Technology, Financial and Real Estate lead in optimism.
Comparison by Country
The study also highlights the United States and Mexico as countries with the most optimistic projections, while Argentina is the least optimistic with a negative forecast. This contrast highlights the differences in labor market dynamics between different countries.
Global Sector Analysis
Technology continues to be the most optimistic sector globally, followed closely by the Financial and Real Estate sector and Health and Pharmacy. Despite fluctuations in other sectors, Technology remains the main driver of growth.
