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Economy in Brief

Manpower Index of US Hiring Intentions Remained Firm
by Tom Moeller December 14, 2004

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.

Manpower Employment Survey 1Q '05 4Q '04 1Q '04 2004 2003 2002
All Industries - Net Higher (SA) 21 20 14 19 11 11
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