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Embargoed Until Tuesday, December 13, 12:01 a.m. ET
Contacts: Jewel Souza – (720) 890-7902 or Gregory Gary – (303) 209-1418
December 13, 2011 – Colorado Springs, CO MSA employers expect to hire at a respectable pace during Quarter 1 2012, according to the Manpower Employment Outlook Survey.
From January to March, 13% of the companies interviewed plan to hire more employees, while 6% expect to reduce staff. Another 75% expect to maintain their current workforce levels and 6% are not certain of their hiring plans. This yields a Net Employment Outlook* of 7%.
“Hiring activity is expected to increase during the first quarter of 2012 compared to Quarter 4 2011 when the Net Employment Outlook was 3%,” said Manpower spokesperson Jewel Souza. “Employers expect significantly improved employment prospects compared with one year ago when the Net Employment Outlook was -3%.”
Summary of Results for Colorado Springs, CO MSA
Increase Staff Levels
Decrease Staff Levels
Maintain Staff Levels
Net Employment Outlook
Q1 2012 (current)
Q4 2011 (previous quarter)
Q1 2011 (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, Manufacturing-Durable, Manufacturing-NonDurable, Wholesale/Retail Trade, Education & Health Services, Leisure & Hospitality and Other Services. Employers in Information, Professional & Business Services and Government plan to reduce staffing levels, while hiring in Transportation & Utilities and Financial Activities is expected to remain unchanged.
Manpower Employment Outlook Survey Results for the United States
Of the more than 18,000 employers surveyed in the United States, 14 percent expect to add to their workforces, and 9 percent expect a decline in their payrolls during Quarter 1 2012. Seventy percent of employers anticipate making no change to staff levels, and the remaining seven percent of employers are undecided about their hiring plans. When seasonal variations are removed from the data, the Net Employment Outlook is +9%, slightly stronger than the Quarter 4 2011 Net Employment Outlook of +7%.
The next Manpower Employment Outlook Survey will be released on March 13, 2012 to report hiring expectations for Quarter 2 2012.
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 Manpower Employment Outlook Survey can be found in the online Press Room 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.