Study Finds Recent Hiring Activity Unsurpassed Since 1970s
February 29, 2000
Worker shortages are being felt in all industries and regions of the U.S., according to the latest report by Manpower Inc., the temporary-staffing firm. The company's president, Jeffrey Joerres, says the constriction "isn't plateauing" and is "continuing to constrict" employers' growth plans.
The level of hiring activity in recent quarters is at a rate "unsurpassed since the late 1970s," he says.
- In the latest survey of 16,000 employers, 32 percent said they needed to hire additional staff -- compared with 29 percent a year ago.
- The proportion who expect to cut their personnel remained at 6 percent.
- The survey found 58 percent planning no change in staffing levels -- compared to 61 percent a year ago.
- Hiring is strongest in the western states -- which have led the nation in new jobs for four consecutive quarters.
Source: James P. Miller, "Worker Shortage Stays Widespread, Hiring Study Says," Wall Street Journal, February 28, 2000.
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