15% plan to hire
According to the Manpower Employment Outlook Survey released today, 15% of the 28,000 employers interviewed in the U.S. plan to add to their staff during the 3rd Quarter of 2009. 13% of those interviewed plan to reduce their payrolls while 67% expect no change.
The seasonally adjusted Net Employment Outlook for the 3rd Quarter 2009 is -2% — the same as Q2. While -2% isn’t good, two quarters in a row at that pace — without further deterioration — could (stress “could”) indicate the bottom.
The following industry sectors anticipate increases in hiring:
- Construction
- Wholesale & Retail Trade
- Non-Durable Goods Manufacturing
- Leisure & Hospitality
The data shows continued hesitancy among employers who are being conservative while watching the economy with guarded optimism. They are hoping that a few quarters of stability will be the precursor to the recovery — and the most recent unemployment data may support that optimism.
My silver lining?
For more on the Q3 outlook, go to the us.manpower.com Media Room.
