Q4 10 Meos Client Pres Template Staffing

Manpower Employment Outlook SurveyQuarter 4 2010Andrew Pulaski, Branch Manager

Wednesday, April 12, 2023

United States & Canada800+ Offices

Mexico, Central America & Caribbean90+ Offices11 Countries/Territories

South America150+ Offices10 Countries

Europe/Middle East/Africa2,500+ Offices44 Countries/Territories

Asia Pacific250+ Offices15 Countries/Territories

GlobalLocal

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3Q3 2010 Manpower Employment Outlook Survey


Manpower Employment Outlook Survey

• Quarterly measure of employers’ intentions to increase or decrease the number of employees in their workplace during the upcoming quarter

• 18,000 employers surveyed in the U.S.; 61,000 globally• Net Employment Outlook is the key statistic

“How do you anticipate total employment at your location to change in the three months to the end of September 2010,

as compared to the current quarter?”

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Seasonal Adjustment

• Seasonal adjustments have been applied to the global, U.S. national and U.S. regional survey data

• These adjustments make it possible to review the data without the employment fluctuations that occur annually

• The result is a clearer picture of the data over time



Global Outlook

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The Global Results

• Employers in 28 of the 36 countries and territories expect to add to their workforce to a varying degree over the next three months

• Employment forecasts are most favorable in India, Brazil, Taiwan, China

• Employer hiring expectations are weakest in Greece Italy and the Czech Republic

• Check out press.manpower.com for country-specific results



NationalOutlook

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The National Results

• Encouraging signs in hiring activity in the U.S.– 15% intend to increase

– 11% intend to decrease

– 71% intend no change

– 3% are undecided

• Seasonally adjusted Net Employment Outlook is +5%– Relatively stable quarter over quarter (down from +6%)

– Moderate increase year over year (up from -2%)



Industry Sector Outlook

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Industry Sectors (Net Employment Outlook)

• Leisure & Hospitality (+9%)• Mining (+13%) • Professional & Business Services (+10%)• Wholesale & Retail Trade (+13%)• Nondurable Goods Manufacturing (+6%)• Financial Activities (+4%)• Information (+7%)• Durable Goods Manufacturing (+7%)• Transportation & Utilities (+2%)• Construction (- 8%)• Other Services (+3%) • Education & Health Services (+4%)• Government (-6%)



Regional Outlook

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Midwest Net Employment Outlook (+5%)

• Flat compared to Quarter 3 2010• Upbeat outlook compared to one year ago


Wednesday, April 12, 2023(Seasonally adjusted)

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Northeast Net Employment Outlook (+6%)

• Slight decrease quarter over quarter • Considerable increase year over year• Most confident of the regions surveyed



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South Net Employment Outlook (+6%)

• Relatively stable quarter over quarter• Moderately healthier than Quarter 4 2009



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West Net Employment Outlook (+1%)

• Slight decrease quarter over quarter• Slight increase year over year



LocalOutlook

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Los Angeles-Long Beach-Santa Ana, Ca

• 11% of employers expect to increase hiring• 8% of employers plan to decrease• 73% expect no change in their hiring plans• 8% are undecided• Resulting in a Net Employment Outlook of 3%



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Los Angeles-Long Beach-Santa Ana / Industry Sector Results

• Intending to Decrease– Construction

– Transportation & Utilities

– Financial Activities and Government

• Intending No Change– Nondurable Goods Manufacturing

– Leisure & Hospitality



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• Intending to Increase

– Durable Goods Manufacturing

– Wholesale & Retail Trade

– Information

– Professional & Business Services

– Education & Health Services

– Other Services



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Los Angeles-Long Beach-Santa Ana

• 11% of employers expect to increase hiring• 8% of employers plan to decrease• 73% expect no change in their hiring plans• 8% are undecided• Resulting in a Net Employment Outlook of 3%



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Intending to Increase:

– Durable and Nondurable Goods Manufacturing

– Wholesale & Retail Trade– Information

– Professional & Business Services– Education & Health Services– Other Services




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Conclusion

• Employers are more optimistic about hiring plans for the final three months

• Expecting a faster hiring pace compared to a year ago



Q & A

Documents

Q4 10 Meos Client Pres Template Staffing