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Contacts: Jewel Souza – (720) 890-7902 or Ryan Dunlay – (303) 209-1418
June 14, 2011 – Colorado Springs, CO MSA employers expect to hire at a solid pace during Quarter 3 2011, according to the Manpower Employment Outlook Survey.
From July to September, 26% of the companies interviewed plan to hire more employees, while 12% expect to cut staff. Another 60% expect to maintain their current staff levels and 2% are not certain of their hiring plans. This yields a Net Employment Outlook* of 14%.
“Employers report much stronger hiring plans for the third quarter of 2011 compared to Quarter 2 when the Net Employment Outlook was 3,” said Manpower spokesperson Jewel Souza. “Employers expect improved employment prospects compared with one year ago when the Net Employment Outlook was 9%.”
Summary of Results for Colorado Springs, CO MSA
Increase Staff Levels
Decrease Staff Levels
Maintain Staff Levels
Net Employment Outlook
Q3 2011 (current)
Q2 2011 (previous quarter)
Q3 2010 (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, Durable Goods Manufacturing, Transportation & Utilities, Wholesale & Retail Trade, Financial Activities, Professional & Business Services, Leisure & Hospitality and Government. Employers in Education & Health Services plan to reduce staffing levels, while Non-Durable Goods Manufacturing, Information and Other Services 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, 20% anticipate an increase in staff levels in their Quarter 3 2011 hiring plans, while 8% expect a decrease in payrolls, resulting in a Net Employment Outlook of +12%. When seasonally adjusted, the Net Employment Outlook becomes +8%. Sixty-nine percent of employers expect no change in their hiring plans. The remaining 3% of employers indicate they are undecided about their hiring intentions.
The next Manpower Employment Outlook Survey will be released on September 13, 2011 to report hiring expectations for Quarter 4 2011.
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 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 email@example.com.