Tuesday, March 13, 2007

Jobs: "Employers are Shifting into Neutral"

by Bill McBride on 3/13/2007 01:10:00 AM

Manpower, Inc. reports: Outlook Survey Finds Hint of Restraint in U.S. Hiring Plans for the Second Quarter

"A look at the last three quarters of survey data suggests that employers are shifting into neutral when it comes to hiring," said Jeffrey A. Joerres, Chairman & CEO of Manpower Inc. "Companies expect to coast through the next three months without much growth in the way of staff. It is a subtle change that may not yet be perceived in the job market, however it is a break from the three plus years of nearly unchanged hiring plans."