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Hiring Outlook "Better" For Early In Year, Says Manpower Survey New York City area employers expect to hire at a moderate pace during the first quarter of 2004, according to the Manpower Employment Outlook Survey. From January to March, 20% of the companies interviewed plan to hire more employees, while 13% intend to reduce their workforce, according to Manpower spokesperson Cathy Paige. Another 67% expect to maintain their current staff levels. "New York City area employers reported more hopeful hiring plans for the fourth quarter when 25% of the companies interviewed predicted an increase in hiring activity, while 9% planned to decrease the hiring pace," said Paige. "A year ago at this time, employers anticipated a less optimistic job outlook when 14% of companies surveyed thought employment increases were likely and 10% intended to cut back." For the coming quarter, job pros-pects appear best in Finance/Insurance/ Real Estate, Services and Public Ad-ministration. Employers in Durable and Non-Durable Goods Manufacturing, Transportation/Public Utilities, and Wholesale/Retail Trade have mixed hiring intentions. Hiring in other sectors is expected to remain unchanged. The national results of the Manpower Employment Outlook Survey reveal that U.S. employers continue to show optimism in their hiring forecast for the first quarter of 2004. For the first time in five years, employers expressed an increase in hiring expectations from the fourth quarter to the first quarter. Of the 16,000 U.S. employers that were polled, 20% said they plan to boost employment level for the first three months of 2004, while 13% anticipate a slower hiring pace. Sixty-one percent of employers expect to offer the same number of jobs as last quarter, and 6% are unsure of their first quarter employment activity. When the seasonal variations are removed from the survey results, the data reveals that the hiring forecast from January to March is more positive than it was last quarter and relatively consistent with the outlook a year ago.
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