CAREER DEVELOPMENT
Ongoing Hiring Optimism Among U.S. Employers
C
onfidence among U.S. employers is spreading geographically, accord-
ing to the seasonally adjusted results of the latest Manpower Employment Outlook Survey, conducted quarterly by Manpower Inc. According to the seasonally adjust-
ed* survey results, the Outlook* for Quarter 2 2011 is +8%, up from +6% during the same period last year and consistent with the +8% Outlook dur- ing Quarter 1 2011.
Survey highlights include:
Positive Outlook in Every State: Employers in all 50 states report
positive hiring intentions and 33 out of 50 states anticipate considerable in- creases. Puerto Rico and Washington D.C. employers also report positive hiring intentions.
All Industries Looking to Hire: Employers in the 13 industry sec-
tors surveyed each report a positive Outlook, with Mining and Leisure & Hospitality employers the most opti- mistic. Employers in 10 of the 13 in- dustry sectors expect hiring to increase from three months ago.
Six Straight Quarters of Employment Growth: Employers have reported a positive
overall hiring Outlook since Quarter 1 2010, according to seasonally adjusted data.
Fewer Employers Plan to Decrease Headcounts: Six percent of employers plan to
reduce employee levels in Quarter 2 2011, down from recessionary highs of 14 percent in 2009. “We should see the same measured
hiring pace in the U.S. as we did in the first quarter; however, unadjusted in- dustry sector data reveals some posi- tive signs,” said Jeffrey A. Joerres, Man- power Inc. Chairman and CEO. “First, employers in 10 of the 13 industry sec- tors surveyed expect hiring to improve from three months ago. Second, there is a notable uptick in the Manufactur- ing-Durables sector where nearly one in five employers expect to increase payrolls.” Of the more than 18,000 employers surveyed, 16 percent anticipate an in- crease in staff levels in their Quarter 2 2011 hiring plans, while 6 percent expect a decrease in payrolls, result- ing in a Net Employment Outlook of +10%. When seasonally adjusted, the Net Employment Outlook becomes +8%. Seventy-four percent of employ- ers expect no change in their hiring plans. The final 4 percent of employ- ers indicate they are undecided about their hiring intentions. “Nearly all of the of the key data
points in our survey show that em- ployers are positive, but hiring plans are still reserved due to their continued ability to manage the slowly increasing demand with the existing workforce,” said Jonas Prising, Manpower presi- dent of the Americas. “In the U.S., we are holding on to hard-won job gains and waiting for the time when the growth in demand for goods and services will require more substantial workforce additions.” Employers in each of the 13 indus- try sectors surveyed have a positive
54 HISPANIC NETWORK MAGAZINE Celebrating 19 Years of Diversity
Outlook for Quarter 2 2011: Leisure & Hospitality (+21%), Mining (+21%), Professional & Business Services (+15%), Durable Goods Manufactur- ing (+14%), Wholesale & Retail Trade (+12%), Nondurable Goods Manu- facturing (+11%), Financial Activities (+9%), Information (+9), Transporta- tion & Utilities (+8%), Other Services (+7%), Construction (+6%), Education & Health Services (+6%) and Govern- ment (+1%). Employers in 10 industry sectors expect employment prospects to increase quarter-over-quarter, three expect staff levels to remain stable and none of the surveyed industries look for the hiring pace to decline. Among the 10 industries expecting an uptick in hiring confidence, employers in both the Mining sector and Construction sector anticipate the largest quarter- over-quarter Net Employment Outlook increase, with both gaining 15 percent- age points. Employers in all four U.S. geograph-
ic regions surveyed report a seasonally adjusted Outlook of +8%. The hiring Outlook in the West is the strongest for the region since Quarter 4 2008. Com- pared to one year ago, a slight increase in employment prospects is expected in the Midwest, South and West, while the Northeast is steady. Quarter over quarter, employers in the Northeast, South and West report relatively stable hiring conditions, while employers in the Midwest expect a slight dip in em- ployment plans. The next Manpower Employment
Outlook Survey will be released on June 14, 2011, to report hiring expec- tations for Quarter 3 2011. To receive e-mail notification when the survey is available each quarter, visit
press.man-
power.com/signup.
Source: HispanicPRWire
www.hnmagazine.com
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