Only 7 percent of companies surveyed expect to reduce payrolls
MILWAUKEE, Wisc. (Dec. 9, 2014) — Employers in Kentucky expect to hire at a promising pace during Q1 2015, according to the Manpower Employment Outlook Survey.
From January to March, 18 percent of the companies interviewed plan to hire more employees, while 7 percent expect to reduce their payrolls. Another 73 percent expect to maintain their current staff levels and 2 percent are not certain of their hiring plans. More than 18,000 employers throughout the U.S. were polled for the survey.
This yields a net employment outlook of 11 percent. (The net employment outlook is derived by taking the percentage of employers anticipating an increase in hiring activity and subtracting from this the percentage of employers expecting a decrease in hiring activity.)
“For the first three months of the new year, employers are slightly less optimistic about staffing plans compared to Quarter 4 when the net employment outlook was 13 percent,” said Manpower spokesperson Pat Hevrdejs. “Compared to the start of 2014 when the net employment outlook was 10 percent, the employment forecast is similar.”
For the coming quarter, job prospects appear best in construction, nondurable goods manufacturing, transportation and utilities, wholesale and retail trade, information, professional and business services, education and health services, leisure and hospitality, other services and government. Employers in durable goods manufacturing plan to reduce staffing levels, while hiring in financial activities is expected to remain unchanged.