According to the most recent results of an often-cited survey by ManpowerGroup, 2015 is to kick off with steady hiring expectations in the U.S.
Manpower conducted over 18,000 interviews with U.S. employers in all states, the District of Columbia, Puerto Rico and the top-100 metropolitan statistical areas regarding their job hiring intentions in Quarter 1 (Q1) 2015. The survey covered 13 industry “supersectors” that are representative of the U.S. economy.
Of the employers surveyed:
- 19% anticipated increasing staff levels
- 6% expected to reduce staff levels
- 73% projected no change
- 2% were undecided
The math (19% – 6%) shows a net hiring outlook of 13% for Q1 (January-March) 2015. When tweaked for seasonal variations that can skew employment numbers, the seasonally-adjusted net hiring outlook becomes 16%.
Quarter 1 has the strongest seasonally-adjusted net hiring outlook since the official end of the Great Recession in June 2009. Employers have now reported a positive net hiring outlook for 21 quarters in a row, after reporting a negative net hiring outlook in each of the last three quarters of 2009.
Manpower’s survey indicated that employers in all of the 13 industry supersectors expect positive net hiring in Q1 2015, as shown in the seasonally-adjusted percentages listed below.
- Construction 15%
- Education & Health Services 11%
- Financial Activities 12%
- Government 12%
- Information 10%
- Leisure & Hospitality 28%
- Manufacturing, Durable Goods 15%
- Manufacturing, Nondurable Goods 13%
- Mining 17%
- Other Services 11%
- Professional & Business Services 18%
- Transportation & Utilities 18%
- Wholesale & Retail Trade 24%
The survey also indicated that employers in all four of the major U.S. regions expect positive net hiring in Q1 2015 when seasonally adjusted, as follows.
- Northeast 10%
- Midwest 13%
- West 15%
- South 16%
The unemployment rate held steady at 5.8 percent in November from October 2014, the lowest rate since July 2008. Additionally, the economy added more jobs in November than it had in nearly three years. According to the Job Openings and Labor Turnover Summary released on December 9, 2014 by the U.S. Bureau of Labor Statistics, job openings were 4.8 million in October, up slightly from 4.7 million in September.
ManpowerGroup has been publishing such surveys for over 50 years. For the most recent surveys about hiring projections in the U.S. and other countries as well, visit Manpower Employment Outlook Survey.
To look for a job right now, start at our Job Search page.