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Economy in Brief

More Jobs Suggested by Manpower Index
by Tom Moeller June 14, 2005

The Manpower Employment Outlook Survey for 3Q '05 indicated further growth in U.S. jobs. The index of hiring intentions held at 21 where it has been for three quarters, indicating that a net 21% of 16,000 employers expect to increase hiring activity.

Since 1980 there has been a 74% correlation between the Manpower index and the y/y change in non-farm payrolls.

Not seasonally adjusted, 31% of employers planned to raise employment in 3Q '05, the highest since late 2000, while only 6% planned to decrease employment.

The latest press release from Manpower Inc. covering global employment prospects can be viewed here.

Manpower Employment Survey 3Q '05 2Q '05 3Q '04 2004 2003 2002
All Industries - Net Higher (SA) 21 21 20 19 11 11
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