HOUSTON—Employers in Texas expect to hire at a confident pace during the second quarter of 2014, according to a recent Manpower Employment Outlook Survey. From April to June, 21% of the companies interviewed plan to hire more employees, while 4% expect to reduce their payrolls.
Another 72% expect to maintain their current staff levels and 3% are not certain of their hiring plans. This yields a Net Employment Outlook of 17%, the survey says.
“The Q2 survey results show similar hiring plans compared to Q1when the Net Employment Outlook was 16%,” says a Manpower spokesperson. “Compared to one year ago when the Net Employment Outlook was 15%, employers are slightly more confident about their staffing plans.”
For the coming quarter, job prospects appear best in Construction, Durable Goods Manufacturing, Nondurable Goods Manufacturing, Transportation & Utilities, Wholesale & Retail Trade, Information, Financial Activities, Professional & Business Services, Education & Health Services, Leisure & Hospitality, Other Services and Government.
On a national level, of the more than 18,000 employers surveyed in the US, 19% expect to add to their workforces, and 4% expect a decline in their payrolls during Quarter 2 2014. Seventy-three percent of employers anticipate making no change to staff levels, and the remaining 4% of employers are undecided about their hiring plans.
When seasonal variations are removed from the data, the Net Employment Outlook is +13%, stable compared to the Q1 2014 Net Employment Outlook of +13%, says the survey.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.