Manpower Employment Outlook Survey Reveals a Rise in U.S. Employers’ Confidence
This quarter’s research reports:
- Employers Increasing Staff Levels: According to seasonally adjusted data, the overall percentage of anticipated hiring increases is at 22% for Quarter 3 2013. This is the highest percentage of employers projecting an increase in hiring since before 2009.
- Strength in Industry Sectors: Employers in two industry sectors convey notable national growth for Quarter 3 2013.
- Construction employers anticipate a moderate increase in hiring in Quarter 3 2013, with the Net Employment Outlook rising eight percentage points compared with Q2 2013. The Construction industry sector last surpassed the current Outlook of +18% in Quarter 3 2007.
- Employers in the Leisure & Hospitality industry sector also indicate a moderate increase in hiring in Quarter 3 2013 with an Outlook increase of six percentage points. The Leisure & Hospitality industry sector’s Outlook for Quarter 3 2012 is 30%. This rivals the previous strongest Outlook in the Leisure & Hospitality industry sector, which was last seen one year ago.
- Continued Growth in All States and Metro Areas: For the second consecutive quarter, employers in all 50 states, Puerto Rico and the District of Columbia report positive hiring plans, with the strongest Outlook, 23%, from North Dakota. Employers in all Metropolitan Statistical Areas (MSAs) also report positive hiring plans, with the strongest Outlook in Des Moines, Iowa, reaching +26%.
A positive Net Employment Outlook is reported in all four U.S. regions. Quarter-over-quarter, plans to add employees are slightly stronger among employers in the West, and remain essentially the same among employers in the Northeast, Midwest and South. Compared to one year ago at this time, employers in the West project a slight increase in hiring for Quarter 3 2013, and employers in the Northeast, Midwest and South expect a relatively stable hiring environment. The next Manpower Employment Outlook Survey will be released on September 10, 2013, to report hiring expectations for the fourth quarter of 2013. *The Net Employment Outlook is derived by taking the percentage of employers anticipating an increase in hiring activity and subtracting from this the percentage of employers expecting a decrease in hiring activity.
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