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Classified in: Business
Subjects: SVY, ECO

U.S. Hiring Intentions at 12 Year High as Demand for Workers is Set to Grow in 2019


MILWAUKEE, Dec. 11, 2018 /PRNewswire/ -- The competition for skilled talent is set to rise in the first quarter of 2019 as employers across the U.S. are reporting the strongest hiring intentions in 12 years, according to the latest ManpowerGroup (NYSE: MAN) Employment Outlook Survey.* More than 12,500 U.S. employers report double-digit Outlooks across all four regions indicating continued employer optimism.

All 13 industry sectors forecast optimistic hiring plans with the strongest hiring Outlook in Transportation & Utilities as consumer expectations for on-demand delivery grows. Hiring intentions remain robust in Leisure & Hospitality (+27%) with more Americans spending on travel and tourism indicative of strong consumer confidence in a healthy economy. Professional & Business Services has the third strongest Outlook (+25%), driving the need for a breadth of workers from insurance to information technology.

"Increased employer optimism tells us employers have jobs to fill, yet we know they are struggling to find the talent they need from production line workers to IT professionals," said Becky Frankiewicz, President of ManpowerGroup North America. "With so many U.S. organizations set to hire in an already tight labor market, skilled workers can call the shots. For some workers benefits including childcare facilities, free transportation, or the offer of certification and career progression are key. We've seen large organizations increase wages and add new perks and benefits like unlimited paid-time-off to compete for talent. Employers can increase their offer, yet ultimately there is a finite supply of skilled talent, unless we're investing in development and giving employees the chance to upskill, move up and earn more. That's why we're working with companies from transportation to high-tech IT to implement accelerated upskilling programs to help people learn skills to do the jobs open today and those created tomorrow."

The South has the highest regional Outlook (+21%) as manufacturing continues to grow with a +22% Outlook in Nondurable Goods Manufacturing, the highest since 2005. Hiring prospects in the Northeast (+20%) are the strongest in more than 12 years driven in part by an uptick in Wholesale & Retail Trade (+24%) and Durable Goods Manufacturing (21%). Employers in the West (+20%) and Midwest (+20%) report sustained hiring momentum in Q1 2019.

View complete Q1 2019 survey results for the U.S: ManpowerGroup.US/MEOS.

Region

Q1 2019

Quarter-over-
Quarter Variation

Year-over-Year
Variation

West

20%

0%

+1%

Midwest

20%

+2%

0%

South

21%

+1%

+3%

Northeast

20%

+2%

+3%

U.S. Hiring Plans by Regions, Industry Sectors and Metro Areas/States

Complete results for the ManpowerGroup Employment Outlook Survey are available for download at ManpowerGroup.US/MEOS. The Q2 2019 survey will be released March 12, 2019.

*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.

About ManpowerGroup 
ManpowerGroup® (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands ? Manpower®, Experis®, Right Management® and ManpowerGroup® Solutions ? creates substantially more value for candidates and clients across 80 countries and territories and has done so for 70 years. In 2018, ManpowerGroup was named one of the World's Most Ethical Companies for the ninth year and one of Fortune's Most Admired Companies for the sixteenth year, confirming our position as the most trusted and admired brand in the industry. See how ManpowerGroup is powering the future of work: www.manpowergroup.com

ManpowerGroup. (PRNewsFoto/ManpowerGroup) (PRNewsFoto/)

 

SOURCE ManpowerGroup


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