Posted on 06/10/2009 11:49:09 AM PDT by mathprof
Just 15% of U.S. employers expect to boost hiring in the third quarter, while 13% expect to reduce staffing and 67% expect no change in worker count, a new survey of more than 28,000 employers shows.
From Bloomberg News:
U.S. employers’ hiring plans for the third quarter held at a record low, signaling fired workers will have to wait many more months to find a job.
Manpower Inc., the world’s second-largest provider of temporary workers, said its employment gauge for July through September was minus 2 after adjusting for seasonal variations, matching the second quarter’s reading as the lowest since data began in 1989.
Companies are "treading slowly and watching with guarded optimism, hoping a few quarters of stability will be the precursor to the recovery," Jonas Prising, president of the Americas for Milwaukee-based Manpower, said in a statement.
The report underscores forecasts that unemployment will keep climbing even as firings subside. The Labor Department reported last week that the U.S. lost 345,000 jobs in May, the fewest in eight months, while the jobless rate surged to the highest level in almost 26 years.
A year ago, before the economy fell off a cliff, 26% of employers in the Manpower survey said they were expecting to add staff, while 10% were planning cuts and 58% saw no change in staffing levels.
(Excerpt) Read more at latimesblogs.latimes.com ...
Obama is saving jobs all right.
The Chinese need a lot of people over there to count the interest on the money they are loaning us.
Other than that, absolutely no jobs are being saved.
People who actually have responsibilities they must take seriously can’t afford to play the sort of Kool Aid drinkers’ games advocated by the employees of the American MSM, also known as the Democrat Party’s Ministry of Propaganda.
Here is Seattle I would be surprised if it that high. I am in the staffing business and since memorial Day everything has gone quiet. Most employers are on total hold until they see what is going to happen. There frankly are just too many economic unknowns right now.
schu
maybe the idea of adding an employee and then being REQUIRED to provide health insurance has more than a few employers certain that they can wait.
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