Friday March 12, 2010

Survey: Employment Trends Downward

Its U.S. Employment Outlook Survey showed, only 12 percent expect to add to their workforce in the October-December period, while 14 percent expect a decline and 69 percent see no change.

Hiring expectations for the fourth quarter are improving around the world apart from in the U.S. That’s the finding of two quarterly employment outlook surveys released by recruitment firm Manpower. Its U.S. Employment Outlook Survey showed only 12 percent expect to add to their workforce in the October-December period, while 14 percent expect a decline and 69 percent see no change, reported Dow Jones. Manpower says the results suggest employers expect a slight decrease in the rate of hiring when compared to third-quarter results. The outlook is “considerably weaker” than the year-ago results, the survey said. “The results point to a recovery in the major international economies except for Japan,” says Manpower Chief Executive Jeffrey Joerres. “But the U.S. is only at a stabilization point and at a very low point.” Globally, employers in 17 of the 35 countries and territories expect to add to their workforce next quarter, according to the Manpower Global Outlook Survey. And 20 of 34 regions reported an improvement in the job outlook, “indicating an easing in the pattern of layoffs prevalent in the past several quarters,” the survey said.

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