Positive signs for businesses can encourage owners to sign up for loans and start planning for the future. The most recent Manpower Employment Outlook Survey from Manpower Group presented some signs of stability for the hiring trends in the country’s near future. The newest survey covered the third quarter of 2016 and culled responses from more than 11,000 employers.
Manpower’s American Senior Vice President, Kip Wright, described the latest trends in terms of the overall economy. “Although employers have been increasingly cautious for the last three quarters, the U.S. hiring outlook is among the strongest globally, and we expect to see modest improvements in the labor market throughout most of the country,” Wright stated. He added that both job seekers and organizations stand to benefit from this.
According to the survey itself, 23 percent of respondents want to increase their current staff levels, 1 percent higher than those that wanted to last quarter, while 71 percent want to maintain them. Elsewhere, Manpower said that the most recent quarter brought with it a “steady hiring pace.”
Employment trends tend to be steady as of June 2016, one source said.The report also contained a timeline charting the rise and fall of employment outlooks within the past 20 years. The most recent trends suggest a steady leveling out, after tumultuous growth within the past six years.
The lowest point of this graph came in 2009, when the net employment outlook was under 5 percent and the seasonally adjusted outlook was even lower. The highest point in this record came during 2000, with both net employment and seasonal outlooks peaking at 30 and 25 percent, respectively.
Growth Capital Corp. devotes resources to alternative capital finance solutions for Ohio business owners. Contact us to learn more about the business services that will work the best for your venture.