The hiring outlook from the Manpower survey looks far better than a year ago which is a good sign. Although there is weakness in areas, the hiring trend is still positive: “While overall softness continues in the third quarter, employers are generally not reacting with large-scale payroll reductions,” said Jeffrey A. Joerres, chairman and CEO of Manpower Inc. “The gradual slowdown suggests that employers have become sophisticated at anticipating their hiring needs.” Of the 14,000 U.S. employers surveyed, 26% expect to increase their workforces during the July – September period, while 10% expect to scale back their payrolls for a net employment outlook of 16% (seasonally adjusted 12%). Fifty-eight percent… Read More
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