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manpower employment

Manpower Employment Outlook Survey Forecasts Favorable Job Market for Arizona

Employers in Arizona expect to hire at a steady pace during the third quarter of 2012, according to the Manpower Employment Outlook Survey. Among survey participants, the Arizona employment outlook is one of the weakest in the nation.

From July to September, 19 percent of the companies interviewed plan to hire more employees, while 10 percent expect to reduce their payrolls. Another 68 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 9 percent.

“Employers’ hiring plans for Quarter 3 2012 are more sluggish compared to Quarter 2 2012 when the Net Employment Outlook was 15 percent,” said Manpower spokesperson Sunny Ackerman. “Compared to one year ago when the Net Employment Outlook was 8%, employers are similarily positive about their staffing plans.”

For the coming quarter, job prospects appear best in Durable Goods Manufacturing, Non-Durable Goods Manufacturing, Wholesale & Retail Trade, Information, Financial Activities, Professional & Business Services, Education and Health Services, Leisure & Hospitality, Other Services and Government. Hiring in Construction and Transportation & Utilities is expected to remain unchanged.

Of the more than 18,000 employers surveyed in the United States, 21 percent expect to add to their workforces, and 6 percent expect a decline in their payrolls during Quarter 3 2012. Seventy-one percent of employers anticipate making no change to staff levels, and the remaining two percent of employers are undecided about their hiring plans. When seasonal variations are removed from the data, the Net Employment Outlook is +11 percent, similar to the Quarter 2 2012 Net Employment Outlook of +10 percent.

For more information on the Manpower Employment Outlook Survey, visit Manpower’s website at manpowergroup.com/press/meos_landing.cfm.

Phoenix-area employment picture for the fourth quarter of 2010 appears positive

Survey: Valley Companies Plan To Hire More Employees This Quarter

The Phoenix-area employment picture for the fourth quarter of 2010 appears positive, as hiring is expected to increase slightly, according to the latest Manpower Employment Outlook Survey released today.

Between October and December, 15 percent of the companies interviewed plan to hire more employees. For the same period, 9 percent expect to reduce their payrolls. About 74 percent say they will maintain current staffing levels and 2 percent are not certain of their hiring plans.

Figures for the Phoenix-Mesa-Scottsdale area point to a net employment outlook of 6 percent, according to the survey, making the Valley employment outlook a bit brighter compared to the rest of the nation and the rest of the state.

“Employers are more optimistic about hiring plans for the final three months of the year compared to (the third quarter) when the net employment outlook was 2 percent,” says Frank Amendariz Arizona regional director at Manpower. “Employers expect a much faster hiring pace compared with one year ago, when the net employment outlook was minus 4 percent.”

According to the survey, prospects in Phoenix-Mesa-Scottsdale are particularly strong in durable goods manufacturing, information, financial activities, professional and business services, and leisure and hospitality.

Hiring figures for the rest of the state show a mild increase as well, according to the survey.  For the fourth quarter of the year, 14 percent of the companies interviewed plan to hire more employees, and 10 percent expect to reduce their work force. Another 73 percent say they will maintain current staffing levels and 3 percent are uncertain of their hiring plans. The state’s net employment outlook is 4 percent.

“Employers expect to slightly slow down the hiring pace compared to (third quarter 2010) when the net employment outlook was 6 percent,” says Sunny Ackerman, a spokesperson for Manpower.

Nationally, of the more than 18,000 employers surveyed, 15 percent anticipate an increase in staffing, and 11 percent expect a decrease for a net employment outlook of 4 percent.

unemployment rate was unchanged at 9.6 percent after the economy lost 54,000 jobs in August

Nation’s Unemployment Rate Holds Steady

The nation’s unemployment rate was unchanged at 9.6 percent after the economy lost 54,000 jobs in August.

The U.S. Bureau of Labor Statistics (BLS) reported today that government employment fell as a result of shedding 114,000 temporary workers hired for the Census. Private-sector payroll employment rose by 67,000.

“The August jobs report, albeit tepid, does show the economy is holding steady, despite speculation to the contrary,” says Frank Armendariz, Arizona regional director at Manpower. “This is consistent with what I’m seeing in the market, as well as what the quarterly Manpower Employment Outlook Survey (MEOS) has been reporting for the past three quarters. Our quarterly MEOS survey measures employers’ intentions to increase or decrease the number of employees in their work force during the next quarter, and we’ve seen consistent results in our Phoenix-area survey this year.”

According to the BLS, the number of jobless Americans stands at 14.9 million. The number of long-term unemployed (those who have been out of work 27 weeks or more) declined last month by 323,000 to 6.2 million. In August, 42 percent of the nation’s unemployed had not worked for 27 weeks or more.

Government employment fell by 121,000, largely due to the loss of Census 2010 workers. Total private employment continued a rising trend. The BLS reports that since its most recent low in December 2009, private-sector employment has risen by 763,000.

“The fact that we’ve seen eight straight months of private-sector job growth is very encouraging and is consistent with what I’m seeing — employers are continuing to hire each quarter, but in limited quantities, with a majority of firms holding steady with their current labor force,” Armendariz says. “This is an improvement from last year when we were seeing mass layoffs and very little hiring.”

Employment gains were seen in health care, mining and construction. The manufacturing sector lost jobs, while employment in retail trade was essentially unchanged.

“The recession brought about huge changes in the labor market in a very short period of time,” Armendariz says. “Now we’re seeing new jobs come back very slowly. At the current pace, it will take years for us to get back to pre-recession employment levels. As a result, the limited labor market growth we’re experiencing feels almost imperceptible in comparison to the free fall we took in the wrong direction last year.”