Hiring Survey up Slightly

February 25, 2002 (PLANSPONSOR.com) - About one in five companies participating in a recent survey said they planned to hire staff during the second quarter - a slight improvement, but not enough to bring the job market back to what it was in the boom years.

According to Manpower Inc.’s quarterly hiring survey, 21% said they’d be hiring. However 10% said they planned second-quarter layoffs and the rest said their staffing levels would remain the same or their hiring plans were still uncertain.

The survey’s second quarter findings are down from the same time last year, when 28% of the firms said they planned to hire people and 8% intended to cut staff.

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Manufacturing

In the durable goods manufacturing sector, 20% of respondents have plans to hire, while 14% anticipated cutbacks.

In the non-durable goods area, 19% of manufacturers planned to bring on people, while 9% said they were likely to let people go.

The survey covers 16,000 US businesses.


 

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