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.
Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
