The economic recovery is slowly gaining traction.
Employers’ hiring plans for the third quarter are at their highest level in more than six years, according to survey results being released today by ManpowerGroup.
But the rate is only 1 percentage point higher than the current quarter’s survey results.
The latest Manpower Employment Outlook Survey – which covers July, August and September – found that 22 percent of U.S. employers plan to increase staff, 4 percent plan to decrease staff, 71 percent expect to maintain existing levels and 3 percent don’t know.
The seasonally adjusted net employment outlook is 14 percent nationally, tying the second quarter of 2008.
The comparable figure from this quarter is 13 percent and from last year’s third quarter is 12 percent.
Milwaukee-based Manpower interviews more than 18,000 employers in all 50 states and 100 largest metropolitan statistical areas every three months. Participating companies include a mix of industries structured to represent the U.S. economy. The margin of error is plus or minus 3.9 percent.
Founded in 1948, Manpower offers temporary hiring, permanent recruitment, HR consulting and other services to 400,000 clients in more than 80 countries.
Joel Daas, Manpower’s area manager, said local demand is strong for workers in durable goods manufacturing, transportation, construction and information.
Most areas really are hiring, he said. There’s opportunity out there for most all sectors.
The most demand is coming from the steel industry, he said. The placement firm is struggling to fill openings including machinist, welder and maintenance due to a skills gap.
There just aren’t enough people to fill those positions, he said.
In Indiana, 21 percent of companies plan to hire, 4 percent plan to shrink workforces, 72 percent will maintain employment and 3 percent are uncertain. The net employment outlook – found by subtracting the number of employers cutting jobs from the number hiring – is 17 percent. Manpower didn’t provide a seasonally adjusted number.
Worldwide, staffing is projected to increase in 37 of 42 surveyed countries and territories.