Jeffrey Joerres
Jeffrey Joerres
companies five high hiring holding intentions job last optimistic quarters seen
Companies are as optimistic as they have been for the last five quarters over which we've seen job gains. Hiring intentions are holding at a high level.
bit driver economy-and-economics feeling major seeing
Those are sizable gains. We're seeing manufacturers, which are a major driver to the economy, feeling a bit better about the sustainability of their demand.
bit driver economy-and-economics feeling major seeing
Those are sizable gains, ... We're seeing manufacturers, which are a major driver to the economy, feeling a bit better about the sustainability of their demand.
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German employers are saying they will begin to add employees again, albeit modestly, and hiring activity in Japan should be vigorous, beyond what we normally see in the second quarter -- their peak hiring season. Chinese employers say they will reduce their hiring activity compared to last year at this time, while U.S. employers expect to add to their payrolls at a continued steady pace.
america amongst both employers favorable incredibly job labor markets mexican moving north northern notable optimism sector seekers stable
The labor markets in North America have been incredibly stable and, as is so often the case, the Mexican labor market is moving in tandem with its northern neighbor. There is notable optimism amongst employers in the construction sector in both the US and Mexico, where job seekers should find favorable conditions.
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There seems to be traction in the labor market, which will make it slightly easier for people to find a job. But we're still in a marketplace where people need to search for a good job.
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There seems to be momentum building. The question is whether it's strong enough to carry through to the first and second quarter of 2004.
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There's also the practicality that people are needed to do the work, but I'm not sure whether the third quarter gives us the proverbial hockey stick, ... What our guidance would tell you is we're not seeing that as going to happen in the third quarter.
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This is all about competition. Everybody has had margins squeezed, everybody has global pressures and as a result they have to be much more efficient, much more exacting.
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It is clear that demand for their products and services has finally surpassed the capacity and productivity of the current workforce,
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U.S. employers are still void of the business confidence needed to increase their employment projections for the third quarter, ... Employers have expressed uncertainty in hiring intentions in recent Manpower Employment Outlook Surveys, but this quarter represents the weakest job outlook in 12 years.