The survey reveals that, although Romanian companies will slow down employment in the last quarter of the year, the net employment outlook stands at +11%. It also shows that one in five Romanian companies will continue hiring this year.

Employers reported a net employment outlook of 11 percentage points in the fourth quarter of the year, compared to the same interval a year ago.

The net employment outlook represents the difference between the share of employers who anticipate total employment to increase and that of employers who see a decrease in employment.

Valentin Petrof, ManpowerGroup Romania country manager, said stock markets were under huge pressure when the survey was conducted, and prospects of the United States facing a new financial crisis affected the trust of employers worldwide.

The most optimistic hiring outlook was reported in the southern and western parts of Romania. Employers in eight of the ten activity sectors analyzed estimate hiring will increase in the fourth quarter. The survey polled 763 Romanian employers.

According to the report, in Europe, the Middle East and Africa (EMEA) hiring trends remain mixed, as employers in 18 of the 23 countries surveyed report positive hiring intentions.

Hiring plans are strongest in Turkey, Bulgaria, Israel and Norway and weakest in Greece and Italy, reads the survey.