Category Archives: Manpower News

ManpowerGroup’s perspective on the BLS’ Employment Situation Report

Weak Demand for Companies’ Core Products and Services Contributes to Slow Jobs Growth

ManpowerGroup Warns Skills are at Risk of Becoming Antiquated as Job Seekers Face Long-term Structural Unemployment

… slow demand for products and services coupled with ongoing talent mismatches are continuing to hamper the labor market, as the U.S. Bureau of Labor Statistics revealed the overall July unemployment rate fell slightly to 9.1 percent and 117,000 private sector jobs were created during the month. 
 
Finding people with the right skills is extremely challenging, and employers are unwilling to compromise while demand remains sluggish,” said Jeffrey A. Joerres, ManpowerGroup Chairman and CEO.

Manpower Employment Outlook Survey

Strong Job Market Expected for Iowa 

June 14, 2011 – Employers inIowa expect to hire at a healthy pace during the third quarter of 2011, according to the Manpower Employment Outlook Survey.

 From July to September, 23% of the companies interviewed plan to hire more employees, while 8% expect to reduce their payrolls. Another 66% expect to maintain their current staff levels and 3% are not certain of their hiring plans. This yields a Net Employment Outlook* of 15%.

 “The Quarter 3 2011 survey results point toward improved hiring plans compared to Quarter 2 2011 when the Net Employment Outlook was 10%,” said Manpower spokesperson Sunny Ackerman. “Compared to one year ago when the Net Employment Outlook was 19%, employers are less confident about their staffing plans.”

For the coming quarter, job prospects appear best in Construction, Durable and Non-Durable Goods Manufacturing, Transportation & Utilities, Wholesale & Retail Trade, Information, Professional & Business Services, Leisure & Hospitality and Other Services. Employers in Financial Activities and Education & Health Services plan to reduce staffing levels, while hiring in Government is expected to remain unchanged.

Manpower Employment Outlook Survey Results for the United States

Of the more than 18,000 employers surveyed in the United States, 20% anticipate an increase in staff levels in their Quarter 3 2011 hiring plans, while 8% expect a decrease in payrolls, resulting in a Net Employment Outlook of +12%. When seasonally adjusted, the Net Employment Outlook becomes +8%. Sixty-nine percent of employers expect no change in their hiring plans. The remaining 3% of employers indicate they are undecided about their hiring intentions.

To view results for Metropolitan Statistical areas surveyed within Iowa, visit http://press.manpower.com.

The next Manpower Employment Outlook Survey will be released on September 13, 2011 to report hiring expectations for Quarter 4 2011.

About the Survey

The Manpower Employment Outlook Survey is conducted quarterly to measure employers’ intentions to increase or decrease the number of employees in their workforces during the next quarter. The Manpower Employment Outlook Survey’sUnited Statesresults are based on interviews with 18,000 employers located in the 50 states, theDistrict of ColumbiaandPuerto Rico, which includes the largest 100 Metropolitan Statistical Areas based on number of business establishments. The mix of industries within the survey follows the North American Industry Classification System Supersectors and is structured to be representative of theU.S.economy. 

The complete results of the national Manpower Employment Outlook Survey can be found in the Press Room of our website at http://press.manpower.com. There you will also find the results for the 100 Metropolitan Statistical Areas surveyed, the 50 states, theDistrict of ColumbiaandPuerto Rico. Questions can be directed to press@na.manpower.com.

Manpower Employment Outlook Survey

Mild Job Market Expected for Des Moines-West Des Moines, IA MSA

March 8, 2011 – Des Moines-West Des Moines, IA MSA employers expect to hire at a conservative pace during Quarter 2 2011, according to the Manpower Employment Outlook Survey. Among survey participants, the Des Moines-West Des Moines, IA MSA employment outlook is one of the weakest in the nation.

From April to June, 12% of the companies interviewed plan to hire more employees, while 11% expects to cut staff. Another 76% expect to maintain their current staff levels and 1% are not certain of their hiring plans. This yields a Net Employment Outlook* of 1%.

“Employers are similarly confident about hiring plans for the second quarter of 2011 compared to Quarter 1 when the Net Employment Outlook was 2%,” said Manpower spokesperson Karen Miller. “Employers foresee weaker staffing plans compared with one year ago, when the Net Employment Outlook was 8%.

Summary of Results for Des Moines-West Des Moines, IA MSA

 

For the coming quarter, job prospects appear best in Non-Durable Goods Manufacturing, Transportation & Utilities, Information, Professional & Business Services, Leisure & Hospitality and Other Services. Employers in Construction, Durable Goods Manufacturing, Wholesale & Retail Trade, Education & Health Services and Government plan to reduce staffing levels, while Financial Activities employers report no change in hiring sentiment.

Manpower Employment Outlook Survey Results for the United  States 

Of the more than 18,000 employers surveyed in the United States, 16% anticipate an increase in staff levels in their Quarter 2 2011 hiring plans, while 6% expect a decrease in payrolls, resulting in a Net Employment Outlook of +10%. When seasonally adjusted, the Net Employment Outlook becomes +8%. Seventy-four percent of employers expect no change in their hiring plans. The remaining 4% of employers indicate they are undecided about their hiring intentions.

The next Manpower Employment Outlook Survey will be released on June 14, 2011 to report hiring expectations for Quarter 3 2011.

 About the Survey

Manpower Inc., an innovative workforce solutions company, releases the global Manpower Employment Outlook Survey quarterly to measure employers’ intentions to increase or decrease the number of employees in their workforce during the next quarter. The Manpower Employment Outlook Survey’s United States results are based on interviews with 18,000 employers located in the 50 states, the District of Columbia and Puerto Rico, which includes the largest 100 Metropolitan Statistical Areas based on number of business establishments. The mix of industries within the survey follows the North American Industry Classification System Supersectors and is structured to be representative of the U.S. economy.

The complete results of the national Manpower Employment Outlook Survey can be found in the Press Room of our website at http://press.manpower.com. There you will also find the results for the 100 Metropolitan Statistical Areas surveyed, the 50 states, the District of Columbia and Puerto Rico. Questions can be directed to press@na.manpower.com. 

What is the “new normal?”

“The world is on the cusp of entering a new reality in which human potential itself will become the major agent of economic growth. Unleashing this spirit and potential will become the ultimate quest that we must seek to conquer, as the world enters the Human Age.”  Jeffrey A. Joerres, Chairman, CEO and President, Manpower Inc.

Manpower Releases 2Q 2010 Employment Outlook Survey

Today, Manpower Inc. released the results of its 2nd Quarter 2010 Employment Outlook Survey.

For the Des Moines-West Des Moines Metropolitan Statistical Area, hiring intentions are slightly better than they were in the first quarter of the year, and significantly stronger than they were at this time last year, as 17% of employers surveyed plan to add staff, while 9% plan to decrease staff levels.  No change in staffing is anticipated by 72%, and 2% of employers are unsure what direction their hiring activity will take.  In addition to the 2% increase in the net percentage over 1st Quarter, I also find it interesting that the overall percentage of employers who don’t know what they’re going to do seems to be decreasing.  Perhaps that’s at least indicative of a greater level of confidence in forecasting by hiring managers.

For the upcoming quarter, job prospects appear best in Durable Goods Manufacturing, Nondurable Goods Manufacturing, Transportation & Utilities, Information, Financial Activities, Professional & Business Services and Leisure & Hospitality.

Employers in Wholesale & Retail Trade, Education & Health Services and Government plan to reduce staffing levels, while hiring in Construction and Other Services is expected to remain unchanged.
Of the 18,000 U.S. employers surveyed, 16% expect to increase their staff levels during the second quarter, while 8% expect to reduce their payrolls. Seventy-three percent expect no change in hiring, and 3% are undecided about their Quarter 2 2010 hiring plans.  To see the full U.S. report – click here…
The next Manpower Employment Outlook Survey will be released on June 8, 2010 to report hiring expectations for Quarter 3 2010.

Summary of Results for Des Moines-West Des Moines, IA MSA
Increase
Staff Levels
Decrease
Staff Levels
Maintain
Staff Levels
Don’t Know
Net
Employment
Outlook
Q2 2010
(current)
17% 9% 72% 2% 8%
Q1 2010
(previous quarter)
13% 7% 75% 5% 6%
Q2 2009
(one year ago)
16% 15% 66% 3% 1%
*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.

Manpower Inc. Identifies Four Mega Trends

Manpower Inc. is a strategic partner of the 40th World Economic Forum Annual Meeting, held in Davos, Switzerland this week. At the Forum, key Manpower Inc. executives are participating in discussions around a slate of topics ranging from global commonalities to gender parity to the future of employment to social networking.

In conjunction with the Forum, Manpower Inc. released information identifying four Mega Trends which are transforming and accelerating the world of work. They are:

  • The Talent Mismatch is deepening as the working age population declines and the nature of work changes. These significant shifts in talent supply are transforming the global labor market.
  • Individual Choice will be exercised by those with the skills that are most in demand, requiring companies to think differently about how jobs are defined and how they will attract and retain scarce talent.
  • Rising Customer Sophistication requires businesses to work in a new way, driven by innovation and delivering greater value and efficiency.
  • Technological Revolutions have the power to change where, when and how we work, enabling organizations to be more agile and innovative – if they know how to leverage it.

“In recent weeks, the status and significance of the rapidly expanding temporary workforce has been widely discussed – and woefully misunderstood,” said Jeff Joerres, Manpower Inc. Chairman and CEO. “Companies will increasingly look to temporary workers to gain the flexibility and agility required to appropriately and strategically adjust to consumer demand.  At the same time, individuals are increasingly exercising more choice when it comes to pursuing employment that meets their expectations and taps their motivations.”

“Business leaders around the world will need to ask themselves what the trends mean for their organizations and what they will do to respond to them, according to Manpower research.  Organizations need to carefully consider their people practices, a critical element to navigating the changing world of work.”

“As the economy rebounds, companies will need to prepare for a new normal, carefully adjusting their business strategy and evaluating their workforce,” said Joerres. “In the past, access to capital gave companies their edge; soon talent will become the competitive differentiator and companies will compete for talent as rigorously as individuals now compete for jobs. ”

“Given these trends, the temporary workforce will lead the way as the world recovers and companies are forced to do more with less and meet consumers’ ever-rising expectations,” Joerres added. “To attract and retain these ‘workforce accelerators’ who offer highly specialized skills, smart companies will strive to create a workplace culture that is healthy, flexible and satisfying.”

To see an executive summary, click here…

Good stuff!  Take note America – things are changing before our very eyes.

Manpower Wins Pink Magazine Award – Again (2009)

pink cover

Manpower has once again been recognized as one of PINK Magazine’s 2009 “Top Companies for Women,” and is the only employment services firm named to the list for the second consecutive year. PINK’s exclusive annual ranking recognizes organizations that make women’s advancement a part of everyday business, especially in demonstrating a commitment to placing women in top leadership positions and among top earners.

“All companies would do well to adopt the best practices demonstrated by firms like Manpower, who are committed to advancing women in the workplace,” said PINK CEO and founding editor Cynthia Good.

PINK received a record number of entries from America’s leading firms seeking recognition for 2009, with applicants required to complete a multi-step evaluation process. This involved providing responses to almost 100 questions and data points concerning women’s advancement, before the field was narrowed to 15 winners. Each organization was evaluated on several categories, including:

  • Power: The number of women in corporate executive roles, on the board of directors and with Profit & Loss responsibility.
  • Pipeline: Evidence of commitment at the highest levels to hiring, training,mentoring, promoting and retaining women.
  • Pay: Evidence of pay equity, including women who are among the topfive earners within the organization.

“I am proud of the accomplishments of our strong women leaders and their contributions to Manpower around the world,” said Manpower Inc. Chairman and CEO Jeff Joerres. “Our diverse global leaders set a pace and tone that energizes the organization. We recognize that an inclusive workforce creates diversity of thought, perspective, background and experience, generating the energy we need to help our clients win.”

Today, women make up almost 40 percent of the organization’s Executive Management Team and over 40 percent of country managers worldwide are women. Our talented women are a source of immense pride for the company. Earlier this year, Françoise Gri, President of Manpower France, was awarded with the Chevalier de l’Ordre National de la Légion d’Honneur Medal in recognition of her achievements as a leading businesswoman. Gri has also been named to Fortune magazine’s “International Most Powerful Women in Business” list for five consecutive years. Barbara Beck, Manpower President of EMEA, has been previously named to PINK’s Top 15 Women in Business – “The Innovators” list.

The list of the Top Companies for Women 2009 is featured in the magazine’s August/September/October issue.