Michigan Employment Outlook Is The Best In The Nation
U.S. employers expect the hiring pace to remain positive in Q3 2017 with one in four employers (24%) planning to add staff between July and September, according to the latest ManpowerGroup Employment Outlook Survey released today. Of the 11,000 U.S. employers surveyed, 70% expect to keep their workforce intact through the next three months and just 4% expect workforce reductions.
Taking seasonal variations into account, the Net Employment Outlook for Quarter 3 2017 is +17%, which marks the 12th consecutive quarter with an Outlook of +15% or stronger. Nationwide, hiring prospects improve by 2 percentage points when compared to one year ago.
Nationwide, employers in all 13 industry sectors expect to add staff in Q3 2017. Industries reporting the strongest second quarter hiring intentions are: Leisure & Hospitality (+25%), Transportation & Utilities (+22%), Wholesale & Retail Trade (+21%), Mining (+18%) and Professional & Business Services (+18%).
Locally, employers in Michigan expect to hire at a solid pace during Quarter 3 2017. Among survey participants, the Michigan employment outlook is the best in the nation. From July to September, 32% of the companies interviewed plan to hire more employees, while 3% expect to reduce their payrolls. Another 60% expect to maintain their current workforce levels and 5% are not certain of their hiring plans. This yields a Net Employment Outlook of 29%.
The next Manpower Employment Outlook Survey will be released on September 12, 2017 to report hiring expectations for Quarter 4 2017. Sign up here to receive email notification when the survey is available each quarter.