Professional Documents
Culture Documents
Manpower
Employment
Outlook Survey
United States
Contents
About Manpower 21
United States Employment Outlook
More than 14,000 interviews Among U.S. employers surveyed, 22% foresee an
increase in hiring activity, and 12% expect a decline in
have been conducted with staff during Quarter 1 2008. Sixty percent anticipate no
change in the hiring pace, while 6% are undecided
employers across the about their January – March hiring plans.
United States to measure When seasonal variations are removed from the data,
anticipated employment employers do not expect to change course compared
to the final quarter of 2007. However, the first quarter
trends between January Net Employment Outlook for the United States is
and March 2008. weaker than one year ago at this time.
All participants were asked, Please note that throughout this report, the figure used
in all graphs is the ‘‘Net Employment Outlook’’. This
“How do you anticipate figure is derived by taking the percentage of employers
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Seasonally Adjusted Outlook Net Employment Outlook
The results of the Manpower Employment Outlook Survey in the United States include Puerto Rico.
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Manpower Employment Outlook Survey United States
Half of the industry sectors anticipate a downturn in Compared to a year ago at this time, employers in nine
hiring activity compared to three months ago, according of the 10 industry sectors surveyed anticipate a decrease
to the seasonally adjusted survey results. This includes in hiring activity, including Mining, Construction, Non-
the Construction, Non-Durable Goods Manufacturing, Durable Goods Manufacturing, Transportation/Public
Education, Services and Public Administration sectors. Utilities, Wholesale/Retail Trade, Finance/Insurance/Real
Finance/Insurance/Real Estate, Wholesale/Retail Trade Estate, Education, Services and Public Administration.
and Durable Goods Manufacturing employers expect Durable Goods Manufacturers expect a similar hiring
a stable hiring pace, while employers in the Mining pace compared to Quarter 1 2007.
and Transportation/Public Utilities sectors expect a
slight increase compared to Quarter 4 2007.
At the overall national level, the margin of error on the data is +/– 0.8%.
For January – March, the hiring outlook in the Northeast, the hiring pace. Employers in the West project the most
South and West is stable compared to Quarter 4 2007, active hiring during Quarter 1 2008, while those in the
while employers in the Midwest anticipate a mild dip in Northeast have the weakest hiring expectations.
2
Regional Comparisons In a quarter-over-quarter comparison, employers in seven
of the 10 industry sectors surveyed report decreased
Midwest +6 (15)% hiring plans compared to Quarter 4 2007, including
Construction, Public Administration, Durable and Non-
Of the employers surveyed in the Midwest, 19%
Durable Goods Manufacturing, Finance/Insurance/Real
anticipate adding to their payrolls for the first quarter
Estate, Education and Services. Mining and
of 2008, and 13% expect to reduce headcount.
Wholesale/Retail Trade employers expect little change
This yields a Net Employment Outlook of +6%. On a
in hiring pace, while the employment picture is
seasonally adjusted basis, Midwest employers foresee
expected to improve slightly in the Transportation/Public
a decrease in the hiring pace compared to Quarter 4
Utilities sector.
2007 and a year ago at this time.
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Seasonally Adjusted Outlook Net Employment Outlook
The Midwest Region comprises the following states: Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South
Dakota, Wisconsin.
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Manpower Employment Outlook Survey United States
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Seasonally Adjusted Outlook Net Employment Outlook
The Northeast Region comprises the following states: Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania,
Rhode Island, Vermont.
4
South +12 (18)% Among the industry sectors, a quarter-over-quarter
comparison shows a positive trend. Employers in half
In the South, 23% of employers intend to increase the of the 10 industry sectors surveyed expect improved
hiring pace, while 11% expect to decrease their payrolls, hiring conditions during the first three months of 2008.
which results in a Net Employment Outlook of +12%. Those sectors include Mining, Non-Durable Goods
When seasonal variations are removed from the data, Manufacturing, Transportation/Public Utilities and
the survey results show that employer confidence is Education. The job market is expected to be about
unchanged compared to Quarter 4 2007, but down the same in the Construction and Durable Goods
slightly from one year ago. Manufacturing industry sectors. Services, Public
Administration and Finance/Insurance/Real Estate
employers have weaker hiring plans for Quarter 1 2008.
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Seasonally Adjusted Outlook Net Employment Outlook
The South Region comprises the following states: Alabama, Arkansas, Delaware, District of Columbia, Florida, Georgia, Kentucky, Louisiana, Maryland,
Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, West Virginia.
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Manpower Employment Outlook Survey United States
West +18 (24)% More than half the industry sectors surveyed report
stable hiring expectations for the beginning of 2008
Twenty-nine percent of employers surveyed in the West compared to Quarter 4 2007. Those sectors include
plan to add jobs, while 11% expect a decrease in hiring Mining, Durable and Non-Durable Goods Manufacturing,
levels. The result is a Net Employment Outlook of Transportation/Public Utilities, Wholesale/Retail Trade
+18%. The hiring climate in the West remains and Public Administration. Education and Services
unchanged compared to three months ago but is employers anticipate a slower hiring pace. Conversely,
up slightly from Quarter 1 2007. Among the four U.S. Construction and Finance/Insurance/Real Estate
regions, the hiring pace is expected to be strongest employers foresee moderately improved job prospects.
in the West.
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Seasonally Adjusted Outlook Net Employment Outlook
The West Region comprises the following states: Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah,
Washington, Wyoming.
6
Sector Comparisons
According to the seasonally adjusted data, Mining
employers have the strongest hiring plans for the
beginning months of 2008. Job seekers in the Durable
Goods Manufacturing, Services and Wholesale/Retail
Trade sectors are likely to find positive conditions, as
employers report solid hiring intentions. Education,
Finance/Insurance/Real Estate, Non-Durable Goods
Manufacturing, Public Administration, and
Transportation/Public Utilities employers foresee
a cooler hiring climate. Construction employers report
the weakest hiring plans.
Construction -6
10
8
Education
11
12
Finance, Insurance & Real Estate
13
13
Manufacturing – Durables
17
11
Manufacturing – Non-Durables
15
23
Mining 25
12
Public Administration 14
16
Services 20
12
Transportation & Public Utilities 15
3
Wholesale & Retail Trade 19
-10 -5 0 5 10 15 20 25 30
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Manpower Employment Outlook Survey United States
Construction -6 (10)%
In the Construction sector, employers project slower
hiring during Quarter 1 2008. According to seasonally
adjusted survey results, employers are more conservative
about staffing plans versus Quarter 4 2007 and a year
ago at this time.
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Seasonally Adjusted Outlook Net Employment Outlook
Education +8 (11)%
Compared with the October – December period and
one year ago, Education employers are less optimistic
about hiring, according to seasonally adjusted data.
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Seasonally Adjusted Outlook Net Employment Outlook
8
Finance, Insurance & Real Estate
+12 (13)%
According to seasonally adjusted survey results, the
hiring pace in the Finance/Insurance/Real Estate sector
is expected to remain stable compared to Quarter 4
2007. Employers report more conservative hiring plans
compared with one year ago.
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Manpower Employment Outlook Survey United States
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Seasonally Adjusted Outlook Net Employment Outlook
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Public Administration +12 (14)%
According to the seasonally adjusted data, Public
Administration employers expect the hiring pace to hit a
moderate downturn at the beginning of 2008 versus the
final months of 2007. Compared with one year ago,
employers are slightly less confident about hiring.
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Manpower Employment Outlook Survey United States
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Seasonally Adjusted Outlook Net Employment Outlook
12
Global Employment Outlook
Nearly 52,000 employers have been interviewed across territories surveyed. No negative Net Employment
27 countries and territories to measure anticipated Outlooks were reported for Quarter 1 2008. Notably,
employment trends* between January and March 2008. employers in France, Italy and the Netherlands are
First quarter hiring is expected to be positive, but with reporting their most optimistic hiring intentions since
varying degrees of optimism across the countries and the survey began in these countries.
* Comments in this section are based on seasonally adjusted data
where available.
Employers in 12 countries and territories are reporting Regionally, employers in the Americas continue to report
stronger hiring intentions compared to three months positive Net Employment Outlooks, with employers in
ago. When compared to Quarter 1 2007, Outlooks Peru, Argentina and Costa Rica anticipating the strongest
improved in 10 countries and territories, and weakened hiring plans. In the United States, Quarter 1 job prospects
in 16. The strongest first-quarter hiring expectations are expected to remain relatively steady when
reported globally were in Peru, Singapore, India, compared to Quarter 4 2007, but hiring intentions are
Argentina, Costa Rica, Hong Kong and South Africa. slightly softer when compared to last year at this time.
Globally, employers in Ireland reported the least Outlooks in Asia Pacific have remained steady after a
optimistic hiring plans. healthy fourth quarter, with employers in Singapore and
India reporting the most optimistic Outlooks in the
region. In the Europe, Middle East & Africa (EMEA)
region, six of 13 Outlooks softened from three months
ago, and the majority of the region’s employers are
reporting slightly weaker Outlooks compared to Quarter
1 2007. However, when combined with the optimistic
forecasts from Dutch, French and Italian employers, the
Outlooks indicate that many labor markets in Europe
should still start the year on a confident note.
EMEA
24%
14
International Comparisons – improved in three of the six countries when compared
to Quarter 1 2007.
Americas Employers in Peru, Argentina and Costa Rica are the
Nearly 23,000 interviews have been conducted across most optimistic about hiring in the next three months.
Argentina, Canada, Costa Rica, Mexico, Peru and the Mexican employers continue to report a healthy Outlook,
United States to measure anticipated hiring activity for similar to that of the first quarter 2007. The pace of
Quarter 1 2008. hiring in the United States is expected to be slightly
weaker from one year ago, while Canadian employers
Employers across the six countries surveyed in the
anticipate the strongest first quarter hiring activity
region are reporting varying degrees of positive hiring
in seven years.
activity. Outlooks weakened slightly in four of the six
countries when compared to Quarter 4 2007, but
Argentina Canada
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Net Employment Outlook Seasonally Adjusted Outlook Net Employment Outlook
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Peru USA
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2003 2004 2005 2006 2007 2008 2003 2004 2005 2006 2007 2008
Australia China
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2003 2004 2005 2006 2007 2008 2003 2004 2005 2006 2007 2008
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Seasonally Adjusted Outlook Net Employment Outlook Net Employment Outlook
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2003 2004 2005 2006 2007 2008 2003 2004 2005 2006 2007 2008
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Seasonally Adjusted Outlook Net Employment Outlook Seasonally Adjusted Outlook Net Employment Outlook
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2003 2004 2005 2006 2007 2008 2003 2004 2005 2006 2007 2008
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Seasonally Adjusted Outlook Net Employment Outlook Net Employment Outlook
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2003 2004 2005 2006 2007 2008 2003 2004 2005 2006 2007 2008
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Manpower Employment Outlook Survey United States
Austria Belgium
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Seasonally Adjusted Outlook Net Employment Outlook Seasonally Adjusted Outlook Net Employment Outlook
-20 -20
2003 2004 2005 2006 2007 2008 2003 2004 2005 2006 2007 2008
France Germany
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Seasonally Adjusted Outlook Net Employment Outlook Seasonally Adjusted Outlook Net Employment Outlook
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2003 2004 2005 2006 2007 2008 2003 2004 2005 2006 2007 2008
Ireland Italy
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Seasonally Adjusted Outlook Net Employment Outlook Seasonally Adjusted Outlook Net Employment Outlook
-20 -20
2003 2004 2005 2006 2007 2008 2003 2004 2005 2006 2007 2008
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Netherlands Norway
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Seasonally Adjusted Outlook Net Employment Outlook Seasonally Adjusted Outlook Net Employment Outlook
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2003 2004 2005 2006 2007 2008 2003 2004 2005 2006 2007 2008
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Net Employment Outlook Seasonally Adjusted Outlook Net Employment Outlook
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2003 2004 2005 2006 2007 2008 2003 2004 2005 2006 2007 2008
Sweden Switzerland
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2003 2004 2005 2006 2007 2008 2003 2004 2005 2006 2007 2008
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Manpower Employment Outlook Survey United States
Methodology
The Manpower Employment Outlook Survey is conducted
using a validated methodology, in accordance with the highest
standards in market research. The research team for the
27 countries and territories where the survey is currently
conducted includes Manpower’s Market Intelligence team; the
Organization Research and Analysis Division of Right
Management Consultants – an independent operating division
of Manpower Inc.; NOP World, Grupo IDM, DATUM Research
and SEL Consultores. The survey has been structured to be
representative of each national economy. The margin of error for
all national, regional and global data is not greater than +/- 3.9%.
In the United States, the national survey is conducted by
Manpower’s North American Market Intelligence Team and
includes 14,000 employers. With this number of interviews,
the margin of error for the United States survey is +/- 0.8%.
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History of the Survey About Manpower Inc.
1962 1st generation of the Manpower Employment Outlook Manpower Inc. (NYSE: MAN) is a world leader in the
Survey launched in the United States and Canada. employment services industry; creating and delivering services
1966 Manpower’s UK operation launches the equivalent of that enable its clients to win in the changing world of work.
the United States survey, naming the report the Quarterly The $18 billion company offers employers a range of services
Survey of Employment Prospects. The survey adopts for the entire employment and business cycle including
the same forward-looking research format as the United permanent, temporary and contract recruitment; employee
States survey and is the first of its kind in Europe. assessment and selection; training; outplacement;
1976 2nd generation of Manpower’s Employment Outlook outsourcing and consulting. Manpower’s worldwide network
Survey launched in the United States and Canada. of 4,400 offices in 73 countries and territories enables the
Research methodology is updated to evolve with company to meet the needs of its 400,000 clients per year,
advancements in the field of market research. including small and medium size enterprises in all industry
sectors, as well as the world’s largest multinational corporations.
2002 Manpower UK’s Quarterly Survey of Employment
The focus of Manpower’s work is on raising productivity
Prospects is updated to adopt an enhanced research
through improved quality, efficiency and cost-reduction across
methodology. Manpower’s operations in Mexico and
their total workforce, enabling clients to concentrate on their
Ireland launch the survey in their respective countries.
core business activities. Manpower Inc. operates under five
2003 3rd generation of the Manpower Employment Outlook
brands: Manpower, Manpower Professional, Elan, Jefferson
Survey is launched, expanding the program to a total
Wells and Right Management. More information on Manpower
18 countries and territories worldwide: Australia,
Inc. is available at www.manpower.com.
Austria, Belgium, Canada, France, Germany, Hong
Kong, Ireland, Italy, Japan, Mexico, Netherlands,
Norway, Singapore, Spain, Sweden, United Kingdom
and United States.
2004 Manpower operations in New Zealand launch the
About Manpower USA
In the United States, Manpower offers businesses a range
Manpower Employment Outlook Survey.
of HR services, in addition to providing administrative,
2005 Manpower operations in China, India, Switzerland and industrial and contact center personnel. Under the
Taiwan launch the Manpower Employment Outlook Manpower Professional brand, the company places
Survey. contract professionals on assignment in areas such as
2006 Manpower operations in Costa Rica, Peru and South information technology, scientific, finance, engineering and
Africa joined the survey program. Surveys in Australia, telecommunications. More information about Manpower’s
Austria, Belgium, France, Germany, Hong Kong, Ireland, US operation can be found at www.us.manpower.com.
Italy, Japan, Mexico, Netherlands, Norway, Singapore,
Spain and Sweden add seasonally adjusted data in the
third quarter.
2007 Manpower operations in Argentina launch the Manpower
Employment Outlook Survey. The survey in New Zealand
adds seasonally adjusted data in the first quarter.
Manpower Inc., 100 Manpower Place, Milwaukee, WI 53212, USA
Tel: 414 961 1000
www.us.manpower.com