Tuesday, September 9, 2008

Manpower Employment Survey Shows Pittsburgh Will not decline in Hiring Activity in Fourth Quarter From Third Quarter, 2008

While nationwide Manpower Survey shows broad decline for fourth quarter hiring plans, Pittsburgh should continue to weather the storm. Though down from year ago levels, quarter to quarter hiring activity should remain the same. Here is the complete news release:

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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Truly a 'Burgh Thing!

Truly a 'Burgh Thing!
by Randy Bish, Pittsburgh Tribune Review

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