Manpower Survey

Some people were disappointed with the latest employment growth numbers only coming in at 112,000. Well today, Manpower released its survey and at the very least the start of 2005 looks better than a year ago:

U.S. employers plan to ring in the new year with strong hiring activity, according to the seasonally adjusted results of the latest Manpower Employment Outlook Survey, conducted quarterly by Manpower Inc.

"What a difference a year makes. The job picture moving into 2005 is decidedly more upbeat than it was at the start of 2004. For the past three quarters, employers' hiring intentions have been steady and strong. The current survey results tell us that they are equally prepared to hire staff as they enter the new year," said Jeffrey A. Joerres, Chairman & CEO of Manpower Inc.

Of the 16,000 U.S. employers that were surveyed, 24% anticipate an increase in hiring activity for the first quarter of 2005, while 10% expect to decrease staff levels. Fifty-nine percent of employers surveyed foresee no change in job prospects, and 7% are unsure of their hiring plans. When seasonal variations are removed from the data, the outlook for the first three months of 2005 reveals that employer confidence is expected to inch upward from last quarter and improve greatly from a year ago.

Our unemployed/underemployed readers should look at Finance, Insurance and Real Estate for the strongest opportunities.


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This page contains a single entry by Bob published on December 14, 2004 1:23 AM.

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