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U.S. employers are gradually increasing their hiring plans, according to the third-quarter employment outlook survey by ManpowerGroup Inc. (NYSE: MAN).
The survey found that 21 percent of U.S. employers plan to increase their staff count in the third quarter. Six percent planned to decrease their staff count. This results in a net employment outlook of 11 percent on a seasonally adjusted basis.
The third quarter’s seasonally adjusted net employment outlook is higher than the 10 percent reported for the second quarter of this year and the 8 percent reported for the third quarter of last year.
“In our on-demand world, seeing long-term changes can be difficult, but it is important to keep in mind that employer confidence has been on an upward trajectory for three years,” said Jonas Prising, ManpowerGroup president of the Americas. “While slow and sometimes frustrating, job growth has proven to be sustainable, and the data shows a solid foundation is in place for continued progress.”
ManpowerGroup’s employment outlook survey includes responses from more than 18,000 U.S. employers.
In Canada, the net employment outlook was 12 percent seasonally adjusted, down from 13 in the second quarter and 16 percent in the third quarter of last year. More than 1,900 Canadian employers were surveyed.
“Job seekers in all regions are likely to benefit from a steady hiring climate from July through September, with employers in Western Canada reporting the most favorable outlook,” said Byrne Luft, vice president of operations, staffing services for Manpower Canada. “Although some outlooks have decreased slightly compared to the previous quarter, job seekers should maintain confidence in the labor market as employers throughout Canada anticipate the hiring pace will remain upbeat during the summer.”