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 user 2003-09-16 at 1:54:00 pm Views: 176
  • #4119
    U.S. Firms to Boost Hiring in 4th Quarter
    More U.S. Companies plan to hire staff in the fourth quarter than in the previous three months, marking the first quarter-to-quarter increase this year, a survey released on Tuesday (today)

    But the widely watched quarterly survey by staffing company Manpower Inc. also found the number of companies expecting to cut payroll is up as well, and fourth-quarter hiring this year will not keep pace with the prior year.

    On the whole, most companies expect to leave staffing levels as they are, and even sectors that traditionally add workers during the holiday season, such as retail, are showing less inclination to take on payroll than a year ago.

    There has been an increase in hiring intentions, but it is not positive enough for us to feel there is any job creation,” Manpower Chief Executive Jeffrey Joerres said.

    Milwaukee-based company surveyed more than 35,000 employers across 18 countries and provided an in-depth look at the U.S. job market.

    Of the 16,000 U.S. employers surveyed by Manpower in July, 22 percent said they intend to increase their work force in the fourth quarter. That is up from the third quarter, when the forecast predicted only 20 percent of employers would add to payrolls in the survey’s weakest job outlook in 12 years.

    Outside the United States, the world’s No. 2 staffing company said employers in the Asia Pacific region planned to add staff, indicating a rebound after the Severe Acute Respiratory Syndrome crisis. Trends in Europe were mixed with employers in Belgium expecting growth but firms in the United Kingdom forecasting a decline in hiring.