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US hiring outlook strong for Q4, employers remain optimistic: ManpowerGroup

September 10, 2019

The US hiring outlook remains strong as employers are optimistic about hiring in the fourth quarter, according to the Employment Outlook Survey released today by ManpowerGroup (NYSE: MAN).

It found that 22% of employers plan to increase hiring in the fourth quarter while 5% plan a decrease for a net employment outlook of 17%, or with seasonal adjustment, 20%.

That is down from a seasonally adjusted employment outlook of 21% for the third quarter but up from 19% in the second quarter.

“We’re still in a time of unprecedented opportunity for US workers as there are more open jobs than there are people actively seeking work,” said Becky Frankiewicz, president of ManpowerGroup North America. “While the global economic landscape is increasingly uncertain, employers still intend to hire across all industries.”

Among metropolitan areas, Columbus, Ohio, posted the highest seasonally adjusted net employment outlook at 31%. Richmond, Virginia, came in second at 29%.

By industry, “leisure and hospitality” posted the highest seasonally adjusted net employment outlook at 27%.

ManpowerGroup’s report is based on a survey of 11,500 employers in the US.

The survey is part of a larger, global survey of more than 59,000 employers in 44 countries. It found that employers in 43 of the countries plan to grow payrolls.

“Hiring plans for the next three months vary significantly globally, with robust Outlooks reported in many large markets while the uncertainty of Brexit and the impacts of tariffs contribute to evidence of softer hiring intentions elsewhere,” said Jonas Prising, ManpowerGroup chairman and CEO. “We are continuing to see employers planning to hire for technical and soft skills and committing to invest in their people with upskilling programs.”

Strongest hiring prospects were reported in Japan, Taiwan, the US, India and Greece, while the weakest hiring activity is expected in Spain, the Czech Republic, Argentina, Costa Rica and Switzerland.

Among the 1,930 Canadian employers surveyed, the seasonally adjusted net employment outlook of 12% in the fourth-quarter report was unchanged from the third-quarter report.

In Mexico, the seasonally adjusted net employment outlook was 8% for the fourth quarter, down from 10% in the third-quarter report.

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