Staff Report//June 7, 2021//
Staff Report//June 7, 2021//
Hiring outlooks continue to improve for the second quarter according to the latest ManpowerGroup Employment Outlook Survey (NYSE: MAN) of more than 7,500 U.S employers. Employers in all twelve U.S. industries report positive outlooks, with the strongest hiring activity forecast in Leisure & Hospitality sector (+27%), Transportation & Utilities (+23%) and Wholesale & Retail Trade (+22%). Employers are more optimistic about a return to pre-pandemic hiring than last quarter, with more than half (52%) expecting pre-pandemic hiring levels will return before the end of 2021.
KEY FINDINGS
“The American workforce and labor market is resilient, and we have a silver lining in sight with the vaccine roll out boosting optimism for the months ahead,” said Becky Frankiewicz, President of ManpowerGroup North America. “It’s encouraging to see positive outlooks reported in leisure and hospitality and retail, particularly as this week we mark International Women’s Day and roles in these industries are predominantly held by women. As we continue to navigate the road to recovery there will be twists and turns, yet slow progress will continue as employers prepare to renew and reset and focus on getting America safely back to work.”
U.S. Hiring Plans by Industry Sectors, Regions, Metro Areas and States
To view complete results for the ManpowerGroup Employment Outlook Survey, visit: www.manpowergroup.com/meos. The next survey will be released June 8, 2021 and will report hiring expectations for Q3 2021.
*The survey – conducted January 2021 – is the most comprehensive, forward-looking employment survey of its kind, used globally as a key economic indicator. 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.