Manpower survey reveals stable US hiring plans for early ’14

Special to The Freeman

March 12, 2014

Jonas Prising is president of Milwaukee-based ManpowerGroup     
Photo submitted

MILWAUKEE – ManpowerGroup’s latest Employment Outlook Survey is reflecting continued optimism among employers for the start of 2014.

According to Milwaukee-based Manpower, U.S. employers are reporting a seasonally adjusted net employment outlook of 13 percent. This represents the strongest outlook reported in the first quarter since 2008, when the outlook was 16 percent. At 13 percent, the outlook is the same as 2013’s fourth quarter outlook and is up from 12 percent during the same period last year.

Of the more than 18,000 employers surveyed, 17 percent anticipate an increase in staff levels in their first quarter hiring plans, while 7 percent expect a decrease in payrolls, resulting in a net employment outlook of 10 percent, the survey said.

When seasonally adjusted, the net employment outlook becomes 13 percent. Seventy-three percent of employers expect no change in their hiring plans. And, the final 3 percent of employers are undecided about their hiring intentions.

“Employers remain optimistic and continue to gradually improve their hiring projections despite the uneven economic recovery and other global and domestic influences,” said Jonas Prising, president of ManpowerGroup. “We’re starting to see talent strategy match the importance of business strategy as individuals with the right skills and experience become harder to find.”

This quarter’s research shows that employer hiring confidence remains stable quarter-over-quarter, the survey said.