Employers report an employment outlook of +25% for Q3, improving by 7 percentage points quarter-over-quarter and by 22 percentage points year-over-year
Most optimistic outlooks are reported in Leisure & Hospitality as Americans dine out and reconnect
Talent shortages continue with 1 in 3 employers struggling to find skilled talent
The great rehiring is beginning in the U.S. with more than 7,300 employers reporting the most optimistic outlooks since 2000 for the three months ahead, according to the latest ManpowerGroup Employment Outlook Survey.
Employers in all 12 U.S. industries report positive outlooks, with the strongest hiring activity forecast for Leisure & Hospitality (+41%), Wholesale & Retail Trade (+29%), Education & Health Services (+27%), Transportation & Utilities (+26%), and both Durable and Nondurable Goods Manufacturing (+25%). The strongest hiring outlooks are reported in Delaware (+43%), Utah (+40%), Virginia (+39%), North Carolina (+37%), and Michigan (+36%); weakest in Wyoming (+12%), Puerto Rico (+16%), Alabama and the District of Columbia (both +18%).
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As hiring picks up talent supply remains muted. COVID-19 has created the biggest workforce shift and reallocation of in-demand skills since WWII – almost half of employers reported difficulty filling roles in operations & logistiThe great rehiring is beginning in the U.S. with more than 7,300 employers reporting the most optimistic outlooks since 2000 cs and nearly a quarter (23%) reported the same for manufacturing and production roles. There is rising demand too for relevant soft skills with resilience, collaboration, critical thinking & analysis the most sought after from employers across all sectors.
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“Employers are ready to welcome their workers back as restrictions lift and America prepares for the New Next while in real life connections resume,” said Becky Frankiewicz ManpowerGroup President, North America. “Yet childcare challenges, health concerns and competition mean demand still outstrips supply which is dampening the ‘big return’ of the American workforce. It’s a worker’s market and employees are acting like consumers in how they are consuming work – seeking flexibility, competitive pay and fast decisions. Now is the time for employers to get creative to attract talent – and to hold onto the workers they have with both hands.”
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