Manpower Outlook: Businesses Pick Up The Hiring Pace
DETROIT (WWJ) - Employers in Michigan expect to hire at a brisk pace during the third quarter of 2013, according to the Manpower Employment Outlook Survey.
That's also true in the two regional markets studied separately by the survey, the Grand Rapids-Wyoming metropolitan statistical area, and the Detroit-Warren-Livonia MSA.
Statewide, from July to September, 24 percent of the companies interviewed plan to hire more employees, while a mere 4 percent expect to reduce their payrolls. Another 69 percent expect to maintain their current staff levels and 3 percent are not certain of their hiring plans. This yields a Net Employment Outlook of plus 20 percent, substantially higher than plus 12 percent for the nation as a whole.
A year ago, 26 percent of employers planned to add staff while 5 percent planned cutbacks, a Net Employment Outlook of 21 percent. For the previous quarter, 17 percent of employers planned to add staff while 4 percent planned layoffs, a Net Employment Outlook of 13 percent.
Statewide, third quarter job prospects appear best in construction, durable and nondurable goods manufacturing, transportation and utilities, wholesale and retail trade, information, financial activities, professional and business services, leisure and hospitality, other services and government. Employers in education and health services plan to reduce staffing levels.
In the Grand Rapids-Wyoming MSA, which includes the counties of Barry, Ionia, Kent and Newaygo, 28 percent of companies plan to add staff while 4 percent plan cutbacks, resulting in a Net Employment Outlook of 24 percent, one of the highest in the nation.
A year ago, 22 percent of employers planned to add staff while 4 percent planned cutbacks, resulting in a Net Employment Outlook of 18 percent. In the second quarter, 21 percent of employers planned to add staff while 4 percent planned cutbacks, yielding a Net Employment Outlook of 17 percent.
In this region, job prospects appear best in construction, durable and nondurable goods manufacturing, transportation and utilities, wholesale and retail trade, information, financial activities, professional and business services, leisure and hospitality and other services. Employers in education and health services plan to reduce staffing levels, while hiring in government is expected to remain unchanged.
In the Detroit-Warren-Livonia MSA, which includes the counties of Lapeer, Livingston, Macomb, Oakland, St. Clair and Wayne, 20 percent of the companies interviewed plan to hire more employees, while just 3 percent expect to reduce staff. That yields a net employment outlook of 17 percent.
A year ago, 27 percent of employers planned to add staff for the third quarter of 2012, while 5 percent planned cutbacks, which yields a Net Employment Outlook of 22 percent. For the second quarter, 10 percent employers planned to add staff, while 5 percent planned cutbacks, resulting in a Net Employment Outlook of 5 percent.
In this region, job prospects appear best in construction, durable and nondurable goods manufacturing, transportation and utilities, wholesale and retail trade, financial activities, leisure and hospitality, other services and government. Hiring in information, professional and business services and education and health services is expected to remain unchanged.
Of the more than 18,000 employers surveyed in the United States, 22 percent expect to add to their workforces, and 6 percent expect a decline in their payrolls during the third quarter. Seventy percent of employers anticipate making no change to staff levels, and the remaining 2 percent of employers are undecided about their hiring plans. When seasonal variations are removed from the data, the Net Employment Outlook is plus 12 percent, up from the second quarter's outlook of 11 percent.
The Manpower Employment Outlook Survey is conducted quarterly to measure employers' intentions to increase or decrease the number of employees in their workforces during the next quarter. The Manpower Employment Outlook Survey's United States results are based on interviews with 18,000 employers located in the 50 states, the District of Columbia and Puerto Rico, which includes the largest 100 Metropolitan Statistical Areas based on number of business establishments. The mix of industries within the survey follows the North American Industry Classification System Supersectors and is structured to be representative of the U.S. economy.
The complete results of the Manpower Employment Outlook Survey can be found online at http://press.manpower.com. There you will also find the results for the 100 Metropolitan Statistical Areas surveyed, the 50 states, the District of Columbia and Puerto Rico.
