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Manpower Q1 2026 Survey: Argentina Hiring Outlook Firms as Mexico’s Center Cools

Uneven momentum emerges, contrasting sector-led gains in Argentina with record indecision in Mexico.

Overview

  • Argentina’s seasonally adjusted Net Employment Outlook stands at +10% for January–March 2026, with 30% of employers planning to hire, 18% to reduce staff, 35% to hold steady and 17% undecided.
  • Finance and insurance leads Argentine hiring intentions with an ENE of +27%, followed by construction and real estate at +20%, while public sector, health and social services is weakest at −3%.
  • Regional results in Argentina show NEA at +15% ENE, Patagonia and Pampeana at +13%, and Cuyo with the softest outlook at 0%.
  • Mexico’s central region reports a TNE of 24% for Q1 2026, down from 29% in the prior quarter and 27% a year earlier, as the national TNE holds at 24% with a record 13% of employers undecided.
  • Globally, employers in 40 of 42 markets expect payroll gains, with Brazil at +57%, the United States at +27% and Mexico at +24%, and ManpowerGroup introduces a revised sector classification that reclassifies historical data.