Survey predicts weak jobs market
-
- March
- 11
A survey released this week found Westchester County’s job market will be sluggish during the second quarter of this year — a prediction that probably won’t surprise anyone, given the widespread speculation that the national economy is in a recession.
Only 20 percent of the companies interviewed by Manpower said they plan to hire more employees, while 23 percent expect to reduce their payrolls. Fifty percent plan to keep the same level of staffing. Seven percent said they were not sure.
Karen Edelman, a spokesperson for Manpower, said the projections are much weaker than those for the first quarter. In that survey, 30 percent of companies said they planned to grow and only 7 percent said they would drop workers.
A year ago, 43 percent planned to expand and only 23 were looking to make cuts, she said.
Among the sectors that appear poised for growth in the second quarter are finance, insurance, real estate and public administration, the survey found.
Of the 14,000 U.S. employers surveyed, 26 percent reported plans to increase their workforces. Nine percent said they plan reductions and 60 percent said they expect no change. Five percent were unsure.
This entry was posted
on Tuesday, March 11th, 2008 at 3:26 pm by Allan Drury.
You can follow any responses to this entry through the RSS 2.0 feed.
Share and Enjoy: 
| 
Print
| 
Email
