Manpower Survey Says Employers Pull Back On Hiring

Manpower survey hiring numbers

By Nick Zieminski


Most U.S. employers are unwilling to add workers because of uncertainty around November's elections, the federal budget, and the effect of Europe's slowdown, according to a quarterly hiring survey by ManpowerGroup.

The jobs outlook in the United States is holding steady even as it weakens in most other economies, suggesting the recent pace of slow-but-steady job growth may continue in coming months. The vast majority of U.S. employers polled see no change in their hiring plans in the fourth quarter, Manpower said. The net employment outlook -- the difference between those planning to add jobs and those cutting them -- was plus-11, unchanged from the third quarter but up 3 points from a year ago, according to the poll by the largest U.S.-listed employment services company.

The U.S. reading of plus-11 is roughly halfway between its record low reading of minus-2 in 2009 and the all-time high of plus-21, reached in 2006, Manpower's President of the Americas Jonas Prising said. He added that the current, 3-year-old recovery in survey results has been slower than in the past.

"It's nice to see it continue to hold steady... but it is still a long way to go to reflecting a robust and healthy labor market," Prising said.

Employers remain cautious about adding to their workforce because they are uncertain how Europe's economic weakness and a slower China will affect the United States. They also fret about the U.S. presidential election and the so-called 'fiscal cliff,' when spending cuts could go into effect at the start of 2013, the global staffing services company said.

"They'll have to have good business reasons to hire or else they'll just stay on the sidelines," Prising said.

Manpower's survey found only one of 13 job categories -- education and health services -- has a stronger hiring outlook compared with the previous quarter. Construction and manufacturing were among sectors where the outlook has weakened.

Manpower's U.S. survey is 50 years old this year and is based on interviews with 18,000 employers. It is considered a leading indicator of labor market trends, but does not directly correlate with the monthly jobs numbers reported by the government.

The results follow a disappointing U.S. jobs report that showed fewer new jobs were created in August than expected, although the unemployment rate slipped to 8.1 percent.

"There is job creation, but it's very slow. I see no reason why we would suddenly expect it to increase," Prising said.

More: 7 States With The Most Jobs

The United States was one of five major economies where the fourth-quarter hiring outlook held steady versus the prior quarter. However, in 24 of 41 countries and territories, job-seekers are facing a tougher marketplace.

Weaker Outlook In Most Economies

The pace of hiring is expected to slow in large emerging economies including China, India and Brazil. China is feeling the pinch from slowing exports to Europe, especially in its factories, while softer Chinese demand for commodities is in turn weighing on Brazil's employers.

India's employment outlook is the weakest in more than three years as technology employers impose hiring freezes. Widespread layoffs, however, are unlikely, Manpower said.

In Europe, employers in most economies are less optimistic, but job prospects in the United Kingdom and Germany improved slightly. Europe's manufacturing sector is broadly weaker, however, according to the quarterly poll, with more Polish manufacturers planning layoffs than three months ago. Greece and Italy have the fewest opportunities for job seekers.
Manpower's global survey is based on interviews with 65,000 hiring managers. The Milwaukee-based company does business in about 80 countries and territories but generates most of its revenues in Europe.

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George Kruskie

The Republicans unfortunately are not going to take responsibility for Bush and the fact that the housing market going sour, coupled with a war we could not afford, and the sudden high price of fuels and all the costs and over runs that it caused is what got us in this mess. People lost their homes, cars, jobs-all under Bush.
Obama was given this terrible mess that people just can't somehow understand is going to take longer than 4 years to come back from. Try 10 years or longer.

September 12 2012 at 4:14 AM Report abuse -3 rate up rate down Reply
3 replies to George Kruskie's comment
George Kruskie

The Republicans unfortunately are not going to take responsibility for Bush and the fact that the housing market going sour, coupled with a war we could not afford, and the sudden high price of fuels and all the costs and over runs that it caused is what got us in this mess. People lost their homes, cars, jobs-all under Bush.
Obama was given this terrible mess that people just can't somehow understand is going to take longer than 4 years to come back from. Try 10 years or longer.

September 12 2012 at 4:14 AM Report abuse -2 rate up rate down Reply
George Kruskie

I don't think the reasons that are given are entirely accurate-especially since they have received trillions of dollars in tax breaks, and haven't had to do anything to take advantage of them! The companies are making more money now, with less workers and don't have to hire to increase production/profits! Another Republican blunder.

September 12 2012 at 4:05 AM Report abuse rate up rate down Reply
mrblackwidowist5

\"They\'ll have to have good business reasons to hire or else they\'ll just stay on the sidelines,\" Prising said

The They People?

Why even go look for work right now?

Thank Goodness I am much more able to notice the help wanted signs, but stopping to read this dial up provided misinformation may be blocking those hopeful calls to a better future than my current present?

September 12 2012 at 1:10 AM Report abuse rate up rate down Reply
heavenhelpus2222

Well the problem is they want you to take a job for 8 bucks an hour and not many people are willing to do that . Also they don't want to even give u a full time job , yet they want you to be available at their beck and call . Well im sorry but, I have a problem with that . I can't be available 24/7 when you can't even give me full time hours and a decent wage ! Can't wait till Obama cleans house !

September 12 2012 at 12:25 AM Report abuse rate up rate down Reply
2 replies to heavenhelpus2222's comment
AC/DC ROCKS!!

THIS IS BECAUSE OF OBAMA & HIS COMMUNIST FRIENDS

September 12 2012 at 11:51 AM Report abuse +1 rate up rate down Reply
1 reply to AC/DC ROCKS!!'s comment
croshatch

And, just why is that, AC/DC? Anything to back up your idiotic statement?

September 12 2012 at 7:15 PM Report abuse rate up rate down
vandation

Why didn't he clean it the first two years when he had the trifecta and could do what he wanted ? Answer is because "We The People" aren't important to him. If we WERE ... perhaps Jeffrey Immelt the top exec at GE ... yes the same GE that moved THOUSANDS of jobs out of this country .... wouldn't be Obama's Jobs Czar.

Get a clue. Obama is like all of them ... not for "We The People" ... more like for "Them The Lobbyists" who fill their pockets with cash.

September 12 2012 at 1:45 PM Report abuse rate up rate down Reply
mary1160

Duh....they won't hire because Obama is taxing the hell out of them with the healthcare law. Just heard several doctors I know haven't made a dime yet this year because of Obumercare changes already in effect. Americans are stupid and they remind of of lemmings following the pied piper Baradk Hussein off the cliff. Now that's change!

September 12 2012 at 12:03 AM Report abuse +4 rate up rate down Reply
2 replies to mary1160's comment
Duane

You're a prime example of stupid Americans. Shame on Obama for passing healthcare reform. If you have a kid with cancer, they can no longer be denied coverage. Insurance companies are also no longer allowed to charge women more for simply being, women. As someone that I asume would be a woman, Obamacare benefits you. Of course you're probably one of those brainwashed, braindead, idiot rednecks that live in the south.

September 12 2012 at 2:12 AM Report abuse +2 rate up rate down Reply
1 reply to Duane's comment
croshatch

Duane, I agree with you up until your last sentence. I don't think the south has a monopoly on stupid.

September 12 2012 at 7:18 PM Report abuse rate up rate down
dsb1252

The healthcare law isn't TAXING any business. Your uninformed comment just goes to show how ignorant most of you repubs that can't stand it that a black man is the President. Pull your head out of Limbaugh's az and find the truth

September 12 2012 at 10:10 AM Report abuse -2 rate up rate down Reply
wrenaroo

Sounds more like a strong arm approach to getting what they want...a republican in the white house. Its the old 'we have what you want (work...money...power) and if you stroke my ego i will help you out'. The only difference between this and slavery is the currency. And before someone says slaves were not free...take a moment to realize that we are not either. Try living free without money, a job, a home, food, healthcare. These things are the new chains that shackle the poor and non-privileged to the wealthy and the system they prefer we stay within.

September 11 2012 at 11:43 PM Report abuse +2 rate up rate down Reply
ectullis

BHOzo must go.

September 11 2012 at 11:16 PM Report abuse +3 rate up rate down Reply
am0714

In 2007 - 2008 businesses had to cut back and lay off employees. They had to get 'lean & mean' and they also realized that because of the recession they could cut pay. Now what do you know, they have less employees, much lower overhead, people afraid of loosing their jobs, so they will keep working for less, and the business owners are still making the same profit. They have less people and product to manage, therefore their personal workload is less. Duh the only reason to grow now would be to help the economy, and the Country. Here's the big test for the 1%. Put up or shut up, trickle down my a**..

September 11 2012 at 10:55 PM Report abuse +2 rate up rate down Reply
2 replies to am0714's comment
watsonkbsj

As an employer, I can tell you that my profit during 2007-2008 was severely lower, while my risk.. of having to put money from my personal savings account into the business to make payroll was majorly higher. In addition, my personal workload is much higher. And I am nowhere close to a 1%er.

September 12 2012 at 12:20 AM Report abuse +3 rate up rate down Reply
2 replies to watsonkbsj's comment
Nan

As a small business owner, I made the decision 3 years ago to cut my pay so I could hire more workers. We all have a personal responsibility to help this country thrive, not merely get by. If you think putting Rep. in office will make things better for you as a business owner, you are sadly mistaken. Unless, of course, you are fortunate enough to be one of the Fortune 500, OR lobbied for the Rep. during their campaign, OR you have a product they consider valuable, e.g. oil, steel, lumber (and that business is waning), or CAPITAL. The Rep. don't care about a small business that employs only 11 people, provides them with health insurance & other benefits, averages $1.5mil in sales each year (that has gone up steadily each year since opening the business in '05), makes charitible donations within the community, follows all of the many, many laws related to the business, and pays a considerable sum in taxes (incl. SS, unemployment, W.C., etc., in addition to personal taxes), all of which will be jeopardized if the Rep. get in office. The 11 FAMILIES that I support may not be guaranteed health care, esp. the women. Charity will have to take a back burner to simply paying the bills. Those who are close to retirement age will have to rethink what they'll do about their health care, as the programs they've paid into for years may no longer exist, or may be too costly to consider using. I've tried to do my part, and when I read something like this, it makes me ill. If every company hired one person, just one, can you imagine how it would help? I don't know what type of business you're in, but, if you're taking money out of your own personal account, your problems existed long before Obama took office. BTW, you use '07-'08 as a reference. Wasn't that during the Bush era? Yet you go on to say your workload is much higher-as in present tense-a little confusing???

September 12 2012 at 4:35 AM Report abuse rate up rate down
croshatch

Excellent, informative perspective, Nan.

September 12 2012 at 7:27 PM Report abuse rate up rate down
dach

Yes you are correct. These companies learned that they could work the employees to death. And make an even bigger profit. So that's why they aren't hiring. GREED, GREED, GREED, Obama has given tax breaks to these business' but thats not enough for the greedy ones, they want someone who will totally squash the little guy., and Romneys their axe man.

Usually true small business try to treat the employees better than do mega corps.

September 12 2012 at 10:56 AM Report abuse rate up rate down Reply
1 reply to dach's comment
dach

Nan my comment wasn't directed at you.

September 12 2012 at 10:57 AM Report abuse rate up rate down
flyboy

They will not hire because big business wants the Republican party to have apresident in the White House, control of the Senate and control of theHouse. Then they can (And will) change all the laws and regulations they want to change. More money for the rich and poverty for the poor .... back to the start of the industrial revolution.
You just have to look at what Republicans are doing in many states across America. trying to deny the average working person the right to vote.
If and when the Republicans control all of Congress and the White House is when this country becomes (In my opinion) the "American Fascist Party" .

September 11 2012 at 10:40 PM Report abuse +3 rate up rate down Reply

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