Employers Plan to Increase Staff Levels in First Quarter, According to the Manpower Employment Outlook Survey
December 08 2009 - 12:01AM
PR Newswire (US)
A Positive Bounce in Hiring Expected, Record Number Expect No
Change MILWAUKEE, Dec. 8 /PRNewswire-FirstCall/ -- U.S. employers
anticipate a moderate increase in their hiring plans for Quarter 1
2010, according to the seasonally adjusted results of the latest
Manpower Employment Outlook Survey, conducted quarterly by Manpower
Inc. (Logo:
http://www.newscom.com/cgi-bin/prnh/20060221/CGTU012LOGO) "There is
still a lot of ground to make up in the labor market, but the
overall increase in hiring intentions is clearly a positive," said
Manpower Inc. Chairman and CEO Jeff Joerres. "The first quarter is
a seasonally slow hiring quarter. To see an increase over the
fourth quarter is unusual and seems to indicate increased
confidence levels from employers." Of the more than 28,000
employers surveyed, 12% percent anticipate an increase in staff
levels in their Quarter 1 2010 hiring plans, while 12% expect a
decrease in payrolls, resulting in a Net Employment Outlook of 0%.
When seasonally adjusted, the Net Employment Outlook becomes +6%.
Seventy-three percent of employers expect no change in their hiring
plans, the highest in the survey's history. The final 3% of
employers indicate they are undecided about their hiring
intentions. "The data points to encouraging news. A record number
of employers plan to keep staff levels stable, which is good for
the employed, and an overall positive Outlook means expanding
opportunities for job seekers," said Jonas Prising, Manpower
president of the Americas. "Employer uncertainty around hiring is
shifting from whether to consider adding staff, to when - and at
what rate - to make the investment." The national survey data shows
employers in Mining, Durable Goods Manufacturing, Information and
Government expect hiring to moderately increase in Quarter 1 2010,
while slight increases are expected among employers in Nondurable
Goods Manufacturing, Transportation & Utilities, Professional
& Business Services, Education & Health Services, Leisure
& Hospitality and Other Services. Employers in two industry
sectors, Construction and Wholesale & Retail Trade, anticipate
a slight decrease in hiring levels. Financial Activities employers
intend to maintain relatively stable staff levels. When compared to
a year ago, employers in the West are the most confident, but all
of the survey regions have weaker year-over-year employment
outlooks. Using the seasonally adjusted data, all regions
anticipate moderate quarter-over-quarter increases in staff levels,
with employer confidence highest in the South and Midwest. About
the Survey Employment services company Manpower Inc. releases the
Manpower Employment Outlook Survey quarterly to measure employers'
intentions to increase or decrease the number of employees in their
workforce during the next quarter. It is the only forward-looking
survey of its kind, unparalleled in size, scope, longevity and area
of focus. The Manpower Employment Outlook Survey's United States
results are based on interviews with more than 28,000 employers
located within 200 Metropolitan Statistical Areas (MSAs), as
defined by the federal government, and one MSA in Puerto Rico. The
mix of U.S. industries within the survey follows the North American
Industry Classification System (NAICS) Supersectors and is
structured to be representative of the U.S. economy. The national
survey carries a margin of error of +/- .49%. The complete results
and visuals from the U.S. national Manpower Employment Outlook
Survey are available for download at
http://www.us.manpower.com/meos, where you will also find the
survey results for the 201 MSAs.
http://www.newscom.com/cgi-bin/prnh/20060221/CGTU012LOGO
http://photoarchive.ap.org/ DATASOURCE: Manpower CONTACT: Juan
Carlos Cruz of Manpower Inc., +1-414-906-6253, Web Site:
http://www.us.manpower.com/
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