Weak Demand for Companies’ Core Products and Services Contributes to Slow Jobs Growth
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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 email@example.com.
I recently read an article by Tony Schwartz called, Working Harder Doesn’t Get You Ahead.
By the end of the article he suggested tackling “your most challenging task first thing in the morning, for 60 to 90 minutes, uninterrupted.” I don’t always have free time first thing in the morning. In fact I usually have my first meeting between 8:00 am and 8:30 a.m. However, it made me think about the list of Guiding Principles (how we define who we want to be and how we conduct ourselves) that my staff and I created last fall, one of which is, Power Hours – Permission to Focus.
The idea behind the “Power Hour” is to block out a specific amount of time to “power” through a task or project. This uninterrupted time can be an hour or it can be thirty minutes, whatever block of time you need depending upon what you hope to accomplish. Because this is one of our organization’s Guiding Principals, there’s a great deal of consideration given to an individual who is taking their “Power Hour” and encourage team members to do so often. It’s one way we support each other and tackle those projects that have that looming deadline which appeared out of nowhere.
Let’s face it, our work days are busy enough, so giving your self permission to take a “power hour” may provide you with a bit of calm that we all need in our work days. Try it. Schedule a set block of time on your calendar to focus on your project and power through. You’ll be surprised at how much you can get done.
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.
Manpower’s quarterly Employment Outlook Survey polls over 28,000 employers nationwide in order to determine their hiring intentions for the upcoming 3-month period. As with the data derived from any survey, most of us fall somewhere towards the middle, but there are always the extremes…
Here then, are the strongest and weakest areas (by Metropolitan Statistical Area) when it comes to hiring.
Note: The Net Employment Outlook number is the difference between those employers planning on adding staff, and those planning on decreasing staff.
The entire survey can be found at www.manpower.com.
According to the U.S. Bureau of Labor Statistics, unemployment rates were higher in November than a year earlier in all 372 metropolitan areas. Seventeen areas recorded jobless rates of at least 15.0 percent, while 13 areas registered rates below 5.0 percent. The national unemployment rate in November was 9.4 percent, not seasonally adjusted, up from 6.5 percent a year earlier.
Closer to home, Iowa’s unemployment reached 6.4 percent in November, up from 6.1 percent in October and 4.1 percent in November, 2008. In the Des Moines-West Des Moines MSA, roughly 19,800 or 6.2 percent of the workforce was out of work.
After being generally cold and miserable for the last couple of days, conditions to which I am not normally accustomed, I had to see how we stack up against the rest of the frigid world…
According to TheTravelAlmanac.com, these are the 10 coldest locales on earth:
|1.||Vostok, Antartica||-89.2 °C||-138.6 °F|
|2.||Plateau Station, Antartica||-84.0||-129.2|
|7.||Snag, Yukon, Canada||-63.0||-81.4|
|8.||Prospect Creek, Alaska, USA||-62.1||-79.8|
|9.||Fort Selkirk, Yukon, Canada||-58.9||-74.0|
|10.||Rogers Pass, Montana, USA||-56.5||-69.7|
I don’t feel quite so bad about our forecast now…