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Favorable Job Market Expected for Cincinnati-Middletown, OH-KY-IN MSA

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Embargoed Until Tuesday, March 8, 12:01 a.m. ET

Contacts: Jeanne Farmer – (330) 434-6446 or Orysia D’Aurelio – (216) 643-6128

March 8, 2011 – Cincinnati-Middletown, OH-KY-IN MSA employers expect to hire at a steady pace during Quarter 2 2011, according to the Manpower Employment Outlook Survey.

From April to June, 14% of the companies interviewed plan to hire more employees, while 6% expect to cut staff. Another 73% expect to maintain their current staff levels and 7% are not certain of their hiring plans. This yields a Net Employment Outlook* of 8%.

“Employers are similarly confident about hiring plans for the second quarter of 2011 compared to Quarter 1 when the Net Employment Outlook was 8%,” said Manpower spokesperson Jeanne Farmer. “Employers foresee stable staffing plans compared with one year ago, when the Net Employment Outlook was 9%.

Summary of Results for Cincinnati-Middletown, OH-KY-IN MSA


Increase Staff Levels

Decrease Staff Levels

Maintain Staff Levels

Don’t Know

Net Employment Outlook

Q2 2011
(current)

14%

6%

73%

7%

8%

Q1 2011
(previous quarter)

14%

6%

78%

2%

8%

Q2 2010
(one year ago)

16%

7%

76%

1%

9%


*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, Durable and Non-Durable Goods Manufacturing, Information, Financial Activities, Education & Health Services, Leisure & Hospitality and Other Services. Employers in Wholesale & Retail Trade, Professional & Business Services and Government plan to reduce staffing levels, while Transportation & Utilities employers report no change in hiring sentiment.

Manpower Employment Outlook Survey Results for the United States

Of the more than 18,000 employers surveyed in the United States, 16% anticipate an increase in staff levels in their Quarter 2 2011 hiring plans, while 6% expect a decrease in payrolls, resulting in a Net Employment Outlook of +10%. When seasonally adjusted, the Net Employment Outlook becomes +8%. Seventy-four percent of employers expect no change in their hiring plans. The remaining 4% of employers indicate they are undecided about their hiring intentions.

The next Manpower Employment Outlook Survey will be released on June 14, 2011 to report hiring expectations for Quarter 3 2011.

About the Survey

Manpower Inc., an innovative workforce solutions company, releases the global Manpower Employment Outlook Survey quarterly to measure employers’ intentions to increase or decrease the number of employees in their workforce 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 national Manpower Employment Outlook Survey can be found in the Press Room of our website at http://press.manpower.com. 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 press@na.manpower.com.

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