More than half of U.S. employers plan no additions to their
workforces over the summer months, while 29 percent said they will increase
their hiring, according to results of the Manpower Employment Outlook Survey
released Tuesday, June 12. Seven percent of the 14,000 employers surveyed for
the quarterly, seasonally adjusted report expect to cut payrolls. Six percent
said they are unsure about their hiring plans.
"Employers are holding steady with their employment projections
for the third quarter and taking a wait-and-see approach as they look toward
year end," Manpower chairman and CEO Jeffrey Joerres said in a statement.
Employers in select industries—construction, wholesale and retail
trade, and finance/insurance/real estate—have hiring plans that are unchanged
from the second quarter, but Manpower says they are less inclined to add staff
than they were a year ago. Joerres says the third-quarter projections are "a
sign that the moderate decline in these industry sectors is likely to continue
through the next three months."
Regionally, job prospects are strongest in the West. Employers in
the Northeast continue to be the least optimistic about hiring, particular in
the nondurable goods manufacturing sector, where Manpower notes a "significant
weakening" in job prospects.
Beyond the U.S., employers are bullish on their hiring plans.
Employers in Germany and Norway are reporting their most optimistic hiring plans
since Manpower began surveying the countries in 2003. Employers in Singapore,
Peru, India, Argentina, New Zealand, Australia, Costa Rica, Japan and Hong Kong
reported the strongest third-quarter hiring prospects. Meanwhile, employers in
Italy, Belgium and France expect to hire few workers.
—Staff report
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