Mild Job Market Expected for Columbus, OH MSA

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Columbus area employers expect to hire at a modest pace during the second quarter of 2010, according to the Manpower Employment Outlook Survey.

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Mild Job Market Expected for Columbus, OH MSA

  1. 1. NEWS ANNOUNCEMENT CONTACTS: Jeanne Farmer (330) 434-6446 World Headquarters or Public Relations Ken Lazar Phone: (414) 906-6253 (614) 302-4840 meos@na.manpower.com Embargoed Until Tuesday, March 9 12:01 a.m. ET Mild Job Market Expected for Columbus, OH MSA March 9, 2010 – Columbus area employers expect to hire at a modest pace during the second quarter of 2010, according to the Manpower Employment Outlook Survey. From April to June, 10% of the companies interviewed plan to hire more employees, while 9% expect to reduce their payrolls. Another 79% expect to maintain their current staff levels and 2% are not certain of their hiring plans. This yields a Net Employment Outlook* of 1%. “Hiring levels in our area appear to be much stronger compared with last quarter when the Net Employment Outlook was -9%,” said Manpower spokesperson Jeanne Farmer. “In addition, employers are slightly less optimistic about hiring activity as compared with one year ago, when the Net Employment Outlook was 3%.” Summary of Results for Columbus, OH MSA Net Increase Decrease Maintain Don’t Know Employment Staff Levels Staff Levels Staff Levels Outlook Q2 2010 10% 9% 79% 2% 1% (current) Q1 2010 10% 19% 66% 5% -9% (previous quarter) Q2 2009 16% 13% 68% 3% 3% (one year ago) *The Net Employm ent Outlook is derived by tak ing the percentage of employers anticipating an increase in hiring activity and subtracting from this the percentage of employers expecting a decrease in hiring activit y. - MORE -
  2. 2. For the coming quarter, job prospects appear best in Nondurable Goods Manufacturing, Financial Activities and Education & Health Services. Employers in Construction, Wholesale & Retail Trade and Government plan to reduce staffing levels, while hiring in Durable Goods Manufacturing, Transportation & Utilities, Information, Professional & Business Services, Leisure & Hospitality and Other Services is expected to remain unchanged. Of the 18,000 U.S. employers surveyed, 16% expect to increase their staff levels during the second quarter, while 8% expect to reduce their payrolls. Seventy-three percent expect no change in hiring, and 3% are undecided about their Quarter 2 2010 hiring plans. The next Manpower Employment Outlook Survey will be released on June 8, 2010 to report hiring expectations for Quarter 3 2010. About the Survey Employment services company Manpower Inc. releases the Manpower Employment Outlook Survey quarterly to measure employers’ intentions to increase or dec rease the number of employees in their work force during the next quarter. The Manpower Employment Outlook Survey’s United States results are based on interviews with 18,000 employers located within the top 200 Metropolitan Statistical Areas (MSA) in the U.S. and one MSA in Puerto Rico. The mix of industries within the survey follows the North American Industry Classification System (NAICS) Supersectors and is structured to be representative of the U.S. economy. The complete results of the national Manpower Employment Outlook Survey can be found in the Press Room of our Web site at us.manpower.com/meos. There you will also find the survey results from the 201 Metropolitan Statistical Areas that are surveyed. Questions can be directed to meos @na.manpower.com. - ### -

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