13 September, 2017
Red Deer area employers expect a mild hiring climate for the fourth quarter of 2017, according to the latest ManpowerGroup Employment Outlook Survey.
The ManpowerGroup Employment Outlook Survey, based on interviews with 11,500 employers in the USA and the 100 largest metropolitan areas, said 21 percent of Wichita area employers expect to increase staff levels in the three-month period ending December 31.
The most robust improvement, both quarter-on-quarter and year-on-year is reported by employers in the finance, insurance, real estate and business services sector, where the +24% NEO strengthens by 17 percentage points on the quarter and by 18 percentage points on the year.
After three consecutive quarters of sluggishness, hiring will start growing in the October-December quarter but at a much slower pace compared with the same period a year ago, a survey by staffing company ManpowerGroup showed.
A surge in positivity among public sector employers is a key factor in the improved national picture, with hiring intentions in this sector up 4 points to +2%, the biggest rise since 2015.
Hiring prospects remain relatively stable when compared with the previous quarter, but are 4% lower when compared to the final quarter of 2016.
Staffing levels are forecast to climb in six of the seven industry sectors during the last three months of the year. And manufacturing hiring is expected to continue its growth trajectory, with employers reporting the strongest forecast since 2007.
James Hick, ManpowerGroup Solutions Managing Director: "This is the first time in over a year that public sector hiring plans have been in positive territory".
A positive result indicates that more employers plan to increase rather than decrease staffing levels; a negative result reflects the opposite. Elsewhere, employers expect favourable hiring pace in the South, reporting an Outlook of +20 percent, while respectable payroll gains are anticipated in the West, where the Outlook is +15 percent. The strongest labor market is anticipated by employers in the North, who report a Net Employment Outlook of +27 percent.
Against the backdrop of record employment and ongoing Brexit negotiations, ManpowerGroup has revealed that employers in Yorkshire and the Humber are cautiously optimistic about hiring.
Meanwhile, Eastern Cape employers report the most cautious outlook of a 1% increase. The steepest quarter-on-quarter decline, however, is reported in the Northeast region, where the +2% Net Employment Outlook weakens over Q3/2017 by 18 percentage points.
