According to a press release, the Outlook for Quarter 2 2011 is 8%, up from 6% during the same period last year and consistent with the 8% Outlook during Quarter 1 2011. Of the more than 18,000 employers surveyed, 16% anticipate an increase in staff levels in their Quarter 2 2011 hiring plans, while 6% expect a decrease in payrolls, resulting in a Net Employment Outlook of 10%, seasonally adjusted to 8%.
Seventy-four percent of employers expect no change in their hiring plans. The final 4% of employers indicate they are undecided about their hiring intentions.
The announcement said employers in all 50 states report positive hiring intentions and 33 out of 50 states anticipate considerable increases. Puerto Rico and Washington D.C. employers also report positive hiring intentions.
Employers in all four U.S. geographic regions surveyed report a seasonally adjusted Outlook of 8%. The hiring Outlook in the West is the strongest for the region since Quarter 4 2008. Compared to one year ago, a slight increase in employment prospects is expected in the Midwest, South and West, while the Northeast is steady. Quarter over quarter, employers in the Northeast, South and West report relatively stable hiring conditions, while employers in the Midwest expect a slight dip in employment plans.
Employers in each of the 13 industry sectors surveyed have a positive Outlook for Quarter 2 2011: Leisure & Hospitality (21%), Mining (21%), Professional & Business Services (15%), Durable Goods Manufacturing (14%), Wholesale & Retail Trade (12%), Nondurable Goods Manufacturing (11%), Financial Activities (9%), Information (9), Transportation & Utilities (8%), Other Services (7%), Construction (6%), Education & Health Services (6%) and Government (1%).Employers in 10 industry sectors expect employment prospects to increase quarter-over-quarter, three expect staff levels to remain stable, and none of the surveyed industries look for the hiring pace to decline. Among the 10 industries expecting an uptick in hiring confidence, employers in both the Mining sector and Construction sector anticipate the largest quarter-over-quarter Net Employment Outlook increase, with both gaining 15 percentage points.
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