News and Alerts

U.S. employers indicate stable hiring plans for the third quarter of 2016, according to the latest Manpower Employment Outlook Survey, released Tuesday by ManpowerGroup. Taking into account seasonal variations, the Net Employment Outlook is +15%, making anticipated hiring relatively stable, both quarter-over-quarter and year-over-year. Locally, a healthy job market is expected for Michigan as employers expect to hire at a solid pace during Quarter 3 2016.

Of the more than 11,000 U.S. employers surveyed, 23% anticipate increasing staff levels in Quarter 3 2016. This is a 1% increase from Quarter 2 2016, and a 1% decrease from Quarter 3 2015. Only 5% of employers expect workforce reductions, and 71% expect no change in hiring plans. The final 1% of employers are undecided about their hiring intentions, resulting in a seasonally adjusted Net Employment Outlook of +15%.

“Although employers have been increasingly cautious for the last three quarters, the U.S. hiring outlook is among the strongest globally, and we expect to see modest improvements in the labor market throughout most of the country,” said Kip Wright, Senior Vice President of Manpower in North America. “This is good news for job seekers and organizations; as the competition for talent heats up, the way in which companies engage individuals is more critical than ever. Employers need to ensure they have the skills and resources they need – right when they need them.”

To read the full Manpower Employment Outlook Survey for the U.S., go to: http://manpowergroup.us/MEOS/ or to access the downloadable version of the complete report, click here.

The next Manpower Employment Outlook Survey will be released on September 13, 2016 to report hiring expectations for Quarter 4 2016. Sign up here to receive email notification when the survey is available each quarter.

Source: https://meos-press.manpowergroup.us; http://meos-press.manpowergroup.us/press/category/archives/michigan/