Manpower Employment Outlook Survey Reveals Stable U.S. Hiring Plans for Quarter 1 2014
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Of the more than 18,000 employers surveyed, 17 percent anticipate an increase in staff levels in their Quarter 1 2014 hiring plans, while 7 percent expect a decrease in payrolls, resulting in a Net Employment Outlook of +10%. When seasonally adjusted, the Net Employment Outlook becomes +13%. Seventy-three percent of employers expect no change in their hiring plans. The final 3 percent of employers are undecided about their hiring intentions.
U.S. Manpower Employment Outlook Survey Results
Quarter |
Increase Staff Levels |
Decrease Staff Levels |
Maintain Staff Levels |
Don't Know |
Net Employment Outlook (deseasonalized) |
Q1 2014 (current) |
17% |
F7% |
73% |
3% |
13% |
Q4 2013 (previous quarter) |
18% |
8% |
72% |
2% |
13% |
Q1 2013 (one year ago) |
17% |
8% |
72% |
3% |
12% |
"Employers remain optimistic and continue to gradually improve their hiring projections despite the uneven economic recovery and other global and domestic influences," said
This quarter's research shows that employer hiring confidence remains stable quarter-over-quarter. This stability is reflected in the Net Employment Outlook for 12 of the 13 industry sectors, as employers report relatively stable hiring intentions.
"There will always be regional swings in one industry or another, but this quarter's topline consistency with the results from last quarter and one year ago indicates that employers are clinging to their competitive positions," said Prising. "However, for widespread employment growth to occur, we will need to see hiring intentions increase at a much faster pace."
Although first-quarter Outlooks remain relatively stable across all regions, the states and Metropolitan Statistical Areas (MSAs) indicate some variance in hiring intentions. Among the 50 states, employers in
Hiring Outlooks for Industry Sectors and Regions
New this quarter, the survey results include deseasonalized data at the industry level, which aligns with the methodology used to tabulate and present the national and regional data. Therefore, the numbers presented below are deseasonalized across all industries.
For Quarter 1 2014, employers have a positive Outlook in all 13 industry sectors included in the survey: Leisure & Hospitality (+23%), Wholesale & Retail Trade (+19%), Professional & Business Services (+16%), Transportation & Utilities (+13%), Information (+13%), Nondurable Goods Manufacturing (+12%), Mining (+11%), Durable Goods Manufacturing (+10%), Financial Activities (+10%), Construction (9%), Education & Health Services (+8%), Other Services (+6%) and Government (+6%). When the industry sector data is compared quarter-over-quarter, staff levels are expected to remain relatively stable among employers in 12 industry sectors. Only Transportation & Utilities employers anticipate a slight decrease in the hiring pace.
Employers in all four U.S. regions surveyed report positive Net Employment Outlooks. Quarter-over-quarter, plans to add workers remain consistent among employers in all regions. Compared to one year ago at this time, employers in the South project a slight increase in hiring for Quarter 1 2014, while employers in the Northeast, Midwest and West expect a relatively stable hiring environment.
As a supplement to the Quarter 1 2014 survey results, an infographic is available for download at http://press.manpower.com/. "Where Are The Jobs?" offers a snapshot of data and trends from the survey, including key metro area and state Outlooks along with an industry forecast.
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*The Net Employment Outlook is derived by taking the percentage of employers anticipating an increase in hiring activity and subtracting from this the percentage of employers expecting a decrease in hiring activity.
About the Survey
The survey is conducted using a validated methodology in accordance with the highest standards in market research. In the U.S., the survey is conducted by an independent, third party research firm and includes a select sample of more than 18,000 U.S. employers. This sample represents the largest 100 Metropolitan Statistical Areas based on business establishment count and all 50 states, the
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