·
The Manpower Employment Outlook Survey indicated continued improvement
in U.S. hiring intentions in 1Q05. A seasonally adjusted net 21% of
16,000 employers expect to increase hiring activity and that was the
highest level in four years.
· Not seasonally adjusted, 24% of employers planned to raise employment versus 20% in 1Q04 while 10% planned to decrease the number of jobs versus 13% a year ago.
· Since 1980 there has been a 74% correlation between the Manpower index and the y/y change in non-farm payrolls.
· The latest press release from Manpower Inc. covering global employment prospects can be viewed here.