Manpower Employment Outlook Survey
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1 Q Manpower Employment Outlook Survey Chris Layden Managing Director, Experis September 9, 2014
2 ManpowerGroup ManpowerGroup TM is the world leader in innovative workforce solutions. We leverage our global reach and local expertise of tens of thousands of people across more than 80 countries, making it possible for businesses to access the talent they need when they need it. ManpowerGroup TM Solutions provides clients with human resources outsourcing services primarily in the areas of large-scale recruiting and outcome-based workforce-intensive initiatives, thereby sharing in the risk and reward with our clients. Experis TM is the global leader in professional resourcing and project-based workforce solutions. With operations in more than 50 countries, we deliver 53 million hours of professional talent specializing in IT, Finance and Engineering to accelerate clients businesses each year. Right Management is the global leader in talent and career management workforce solutions. Through our innovative and proprietary process, we leverage our expertise to successfully increase productivity and optimize business performance. Manpower is the global leader in contingent and permanent recruitment workforce solutions. We provide the personal flexibility and agility businesses need with a continuum of staffing solutions. ManpowerGroup Tuesday, September 09,
3 Manpower Employment Outlook Survey How do you anticipate total employment at your location to change in the three months to the end of December 2014, as compared to the current quarter? Quarterly measure of employers intentions to increase or decrease the number of employees in their workplace during the upcoming quarter 18,000 U.S. employers surveyed; 65,000+ globally Net Employment Outlook is the key statistic ManpowerGroup Tuesday, September 09,
4 Seasonal Adjustments Seasonal adjustments have been applied to the global, U.S. national, regional and industry survey data These adjustments make it possible to review the data without the employment fluctuations that occur annually The result is a clearer picture of the data over time ManpowerGroup Tuesday, September 09,
5 Global Outlook
6 Global Results Survey shows opportunities for job seekers to remain mostly positive Employers in 36 countries/territories surveyed plan to increase hiring Employment forecasts are most favorable in India, Taiwan, New Zealand Hiring expectations are weakest in Spain, Italy, Ireland, Czech Republic, Finland ManpowerGroup Tuesday, September 09,
7 United States Outlook
8 U.S. Results ManpowerGroup Tuesday, September 09,
9 U.S. Results Seasonally adjusted Outlook +15% Strongest Net Employment Outlook since Q Up from Q when Outlook was +14% Slightly stronger than one year ago, when Outlook was +13% ManpowerGroup Tuesday, September 09,
10 U.S. Results Industry Outlooks ManpowerGroup Tuesday, September 09,
11 Regional Results Stable hiring pace expected across all four regions Quarter-over-quarter and year-over-year comparisons show consistent to slightly improved Outlooks Q (Current Quarter) Q (Previous Quarter) Q (One Year Ago) Northeast +11% +12% +11% Midwest +15% +13% +12% South +15% +14% +13% West +16% +13% +14% (Seasonally adjusted) ManpowerGroup Tuesday, September 09,
12 Local Outlook
13 U.S. Results Metro Area Outlooks ManpowerGroup Tuesday, September 09,
14 U.S. Results State Outlooks ManpowerGroup Tuesday, September 09,
15 Wisconsin: Fourth Strongest Job Market Among States 24% of employers expect to increase hiring 5% of employers plan to decrease 69% expect no change in their hiring plans 2% are undecided Net Employment Outlook = +19% ManpowerGroup Tuesday, September 09,
16 Wisconsin: Hiring Across All Industry Sectors Job prospects appear best in: Job prospects declining in: Employers planning no change to staff levels: Construction Durable Goods Manufacturing Non-Durable Goods Manufacturing Transportation & Utilities Wholesale & Retail Trade Information Financial Activities Professional & Business Services Education & Health Services Leisure & Hospitality Other Services Government None None ManpowerGroup Tuesday, September 09,
17 Milwaukee 23% of employers expect to increase hiring 7% of employers plan to decrease 69% expect no change in their hiring plans 1% are undecided Net Employment Outlook = +16% ManpowerGroup Tuesday, September 09,
18 Milwaukee Industry Sector Results Job prospects appear best in: Job prospects declining in: Employers planning no change to staff levels: Durable Goods Manufacturing Non-Durable Goods Manufacturing Transportation & Utilities Wholesale & Retail Trade Financial Activities Professional & Business Services Education & Health Services Leisure & Hospitality Other Services Government Construction Information ManpowerGroup Tuesday, September 09,
19 Recap Positive labor market trends for Milwaukee and Wisconsin during Q4 U.S. employers forecast increasingly stronger hiring plans over time During 2014, there has been incremental growth across industries and regions as employers rebuild their internal teams Enduring optimism among employers is expected during the final quarter of 2014 and into next year More information at press.manpower.com Save the Date: Q Survey Coming December 9 ManpowerGroup Tuesday, September 09,
20 Questions
21 Supply & Demand are Not in Balance Supply vs. Demand by Educational Attainment High School Associate's Bachelor's Master's Doctorate 4% 5% 9% 10% 24% 28% 32% 9% 48% 31% Supply % Demand % ManpowerGroup Tuesday, September 09,
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