March 10, 2015 – Employers in Colorado expect to hire at a rapid pace during Quarter 2 2015, according to the Manpower Employment Outlook Survey.
From April to June, 21 percent of the companies interviewed plan to hire more employees, while 1 percent expect to reduce their payrolls. Another 74 percent expect to maintain their current staff levels and 4 percent are not certain of their hiring plans. This yields a Net Employment Outlook* of 20%.
“The survey shows employers’ staffing plans are slightly stronger than Quarter 1 when the Net Employment Outlook was 17%,” said Manpower spokesperson Sunny Ackerman. “Job prospects are expected to improve compared to last year at this time when the Net Employment Outlook was 15%.”
Summary of Results for Colorado
|Increase Staff Levels||Decrease Staff Levels||Maintain Staff Levels||Don’t Know||Net Employment Outlook|
(one year ago)
*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 coming quarter, job prospects appear best in Construction, Manufacturing-Durable, Manufacturing-NonDurable, Transportation and Utilities, Wholesale/Retail Trade, Information, Professional and Business Services, Education and Health Services, Leisure and Hospitality, Other Services and Government. Hiring in Financial Activities is expected to remain unchanged.
Of the more than 18,000 employers surveyed in the United States, 22 percent expect to add to their workforces, and 4 percent expect a decline in their payrolls during Quarter 2 2015. Seventy-two percent of employers anticipate making no change to staff levels, and the remaining 2 percent of employers are undecided about their hiring plans. When seasonal variations are removed from the data, the Net Employment Outlook is +16%, equal to the Quarter 1 2015 Outlook.
To complement the Quarter 2 2015 survey results, an infographic is available for download. “Where Are the Jobs” offers a snapshot of data and trends from the survey, including key state and metro area Outlooks along with an industry forecast. To view the infographic or press releases for other states or Metropolitan Statistical Areas, visit http://meos-press.manpowergroup.us/.
The next Manpower Employment Outlook Survey will be released on June 9, 2015, to report hiring expectations for Quarter 3 2015. To receive e-mail notification when the survey is available each quarter, register for updates at http://meos-press.manpowergroup.us/.
About the Survey
The Manpower Employment Outlook Survey is conducted quarterly to measure employers’ intentions to increase or decrease the number of employees in their workforces during the next quarter. The Manpower Employment Outlook Survey’s United States results are based on interviews with 18,000 employers located in the 50 states, the District of Columbia and Puerto Rico, which includes the largest 100 Metropolitan Statistical Areas based on number of business establishments. The mix of industries within the survey follows the North American Industry Classification System Supersectors and is structured to be representative of the U.S. economy.
The complete results of the Manpower Employment Outlook Survey can be found online at http://meos-press.manpowergroup.us/. There you will also find the results for the 100 Metropolitan Statistical Areas surveyed, the 50 states, the District of Columbia and Puerto Rico. Questions can be directed to email@example.com.