Increased hiring expected for 2013

By BenefitsPro


By Amanda McGrory-Dixon

As hiring decision makers are feeling more optimistic, more hiring is projected for the first quarter of 2013, according to the recent Manpower Employment Outlook Survey released by ManpowerGroup.

In fact, the net employment outlook for 2013 shows a positive 12 percent, representing a one percentage point increase from the fourth quarter of 2012. This is also higher than the positive 9 percent from the first quarter of 2012.

Since this data has been available in beginning of the first quarter of 2008, this is the strongest first-quarter projection and much improved over the survey’s low in 2010. Throughout the country, the wholesale and retail trade sector is expected to experience more hiring in the first quarter of 2013 while there fewer hiring plans are traditionally anticipated at the beginning of the year.

For employers in the Northeast and West, they can especially expect to see hiring gains during the first quarter of 2013, the survey finds. In fact, employers in the Northeast should see an increase of four percentage points, and employers in the West are believed to face hiring growth by seven percentage points.

"The Outlook has shown no setbacks over the last 15 quarters, which reflects an ongoing state of rebuilding as employers learn to function within a state of volatility," says Jonas Prising, president of ManpowerGroup. "Over the past few years, we have seen continued incremental growth in hiring projections, which reinforces this job growth is slow but sustained."

Another 17 percent of respondents say they intend to bring in more staff during the first quarter of 2013, and 8 percent of respondents plan to cut workers. Meanwhile, 72 percent of respondents say they have no hiring plans, and 3 percent of respondents remain unsure of hiring decisions.

"Historically, the trend has been for wholesale and retail trade employers to tighten up staff counts after the holiday rush," Prising says. "This quarter, we're actually seeing plans to increase hiring, which is notable and reflects a boost in consumer confidence."

Originally published on BenefitsPro.com