Job Outlook Survey Forecasts Slight Hiring Increase in Q1, 2005
Twenty-four percent of the employers polled reported that they expected to increase hiring in the first quarter of 2005, according to a quarterly, job outlook survey conducted by Manpower.
- Ten percent expected to decrease hiring in the first quarter
- Fifty-nine percent expected no net change in hiring
- The remaining seven percent didn't speculate about the job outlook
At fourteen percent, the net, forecasted hiring increase is relatively small. Still, the job outlook for the first quarter of 2005 looks more promising than it did in the first quarter of 2004, according to Manpower.
Regionally, employers polled by Manpower in the South and West expressed the most promising job outlook for the first quarter of 2005. Employers in the Northeast and Midwest weren't as optimistic.
Among the industries that Manpower polled, employers in construction, mining, public administration, and finance, insurance and real estate expressed the most promising job outlook. However, employers in all the industries polled expressed a better hiring outlook for the first quarter of 2005, than they did for the first quarter of 2004. Manpower polled 16,000 employers in the following industries.
- Construction
- Education
- Finance, Insurance and Real Estate
- Durables Manufacturing
- Non-Durables Manufacturing
- Mining
- Public Administration
- Services
- Transportation and Public Utilities
- Wholesale and Retail
Manpower offers international job opportunities and is one of the top staffing outfits in the world. It will release its next survey on March 15, 2005, to forecast the job outlook for the second quarter. Meanwhile, you may view or download the current, US job outlook survey in its entirety and for free at Manpower's Website. Manpower also offers free surveys for other countries, and a global survey as well.
