q2 2010 - manpower employment outlook survey presentation, national
DESCRIPTION
The Manpower Employment Outlook Survey (MEOS) is released quarterly to measure employers' intentions to increase or decrease the number of employees in their workforce during the next quarter. It is the only forward-looking survey of its kind, unparalleled in size, scope, longevity and area of focus. The survey has been administered for more than 46 years and is one of the most trusted surveys of employment activity in the world.TRANSCRIPT
Manpower Employment Outlook SurveyQuarter 2 2010
Manpower
Manpower Employment Outlook Survey
• Quarterly measure of employers’ intentions to increase or decrease the number of employees in their workplace during the upcoming quarter
• 18,000 employers in the U.S. surveyed
Manpower
Manpower Employment Outlook Survey Results
• Encouraging signs in hiring activity in the U.S.– 16% intend to increase– 8% intend to decrease– 73% intend no change– 3% are undecided
Manpower
• Encouraging signs in hiring activity in the U.S.– 16% intend to increase– 8% intend to decrease– 73% intend no change– 3% are undecided
• Seasonally adjusted Net Employment Outlook is +5%– Relatively stable quarter over quarter– Moderate increase year over year
Manpower Employment Outlook Survey Results
Manpower
Manpower Employment Outlook Survey Results
• Leisure & Hospitality (+17%)
• Professional & Business Services (+15%)
• Mining (+11%)
• Nondurable Goods Manufacturing (+9%)
• Financial Activities (+9%)
• Durable Goods Manufacturing (+8%)
• Information (+8%)
• Transportation & Utilities (+8%)
• Wholesale & Retail Trade (+7%)
• Construction (+4%)
• Other Services (+4%)
• Education & Health Services (+3%)
• Government (-1%)
Manpower
• Positive Net Employment Outlook in 12 of 13 industry sectors surveyed
• Positive Net Employment Outlooks in all U.S. regions– Northeast has the strongest Outlook of the regions surveyed– Midwest has the weakest Outlook of the regions surveyed
Manpower Employment Outlook Survey Results
Manpower
Conclusion
• There are encouraging signs in hiring activity• U.S. employers anticipate hiring to inch ahead in the
second quarter• Cautious optimism is becoming more widespread
geographically