Announced in a press release, ManpowerGroup has released its latest Employment Outlook Survey. The survey indicates stable hiring plans among U.S. employers for the second quarter (Q2) of 2016. Taking into account seasonal variations, the Net Employment Outlook* is +16%, making anticipated hiring in Q2 2016 relatively stable compared to the first quarter of 2016 and unchanged from last year at this time.
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Of the more than 11,000 U.S. employers surveyed, 22% anticipate increasing staff levels in Q2 2016. This is a 2% increase from Q1 2016, and unchanged from Q2 2015. Four percent of employers expect workforce reductions, and 72% expect no change in hiring plans.
The final 2% of employers are undecided about their hiring intentions, resulting in a seasonally adjusted Net Employment Outlook of +16%. “The U.S. labor market is strong compared to the global situation, with the economy still generating a sufficient number of jobs to keep the unemployment rate down,” said Kip Wright, senior vice president, Manpower North America.