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By Ronald Fink
The outlook for hiring in the technology industry has improved slightly but still trails that of most other industries, according to a quarterly survey of 28,000 U.S. employers in 13 industries released today by Manpower, a temporary staffing firm based in Milwaukee.
The survey found that only 11% of employers in the information sector reported that they expected to hire more employees during the third quarter of the year, whereas 15% planned to reduce their payrolls.
Still, the four percentage point gap between industry employers that planned to hire versus fire was one point lower than during the second quarter.
Fully 69% of information industry employers surveyed reported that they would maintain their staffs at current levels for the July to September period, while 5% said they were undecided about hiring for the quarter.
The only industries with worse outlooks were manufacturing and mining, where the percentage of employers who said they would cut their payrolls exceeded those who planned to boost them by 7 and 9 percentage points, respectively.
Overall, Manpower found that that more employers planned to hire than to lay off staff during the quarter, with 15% saying they planned to increase payrolls and 13% reporting that they would decrease them. Sixty-seven percent said they planned no change, and another 5% were undecided.
But only in 5 of the 13 industries - construction, wholesale and retail trade, financial activities, professional and business services, and leisure and hospitality - did more employers say they planned to hire than to lay off employees.
"The cautious hiring pace will remain a challenge for job seekers as employers continue to adjust and align their workforces throughout the year to ride out this downturn and prepare for growth on the other side," said Jeffrey A. Joerres, chairman and CEO of Manpower, in a press release accompanying the results.
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