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Favorable Job Market Expected for Pittsburgh
September 9, 2008 – Pittsburgh area employers expect to hire at a steady pace during the fourth quarter of 2008, according to the Manpower Employment Outlook Survey.
From October to December, 27% of the companies interviewed plan to hire more employees, while 10% expect to reduce their payrolls, according to Manpower
spokesperson Kelly M. Scott. Another 58% expect to maintain their current staff levels and
5% are not certain of their hiring plans.
“Employers anticipate staff levels to be similar to the third quarter of 2008 when 29% of companies interviewed intended to add employees, and 10% planned to reduce staff levels,” said Scott. “Compared to one year ago when 36% of companies surveyed planned to increase staff levels and 10% expected to cut payrolls, hiring intentions for the fourth quarter are weaker.”
For the coming quarter, job prospects appear best in Durable Goods Manufacturing,
Transportation/Public Utilities and Wholesale/Retail Trade. Employers in Education and Public Administration plan to reduce staffing levels, while those in Services voice mixed hiring intentions. Hiring in Construction, Non-Durable Goods Manufacturing and Finance/Insurance/Real Estate is expected to remain unchanged.
Of the 14,000 employers surveyed in the U.S., 22% expect to increase their staff levels during the October – December period, while 13% expect to reduce their payrolls, resulting in a Net Employment Outlook of 9%. Fifty-nine percent expect no change in hiring and 6% are undecided about their Quarter 4 2008 hiring plans.
The next Manpower Employment Outlook Survey will be released on December 9, 2008 to report hiring expectations for Quarter 1 2009.
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