Businesses Optimistic About Hiring Plans for Q4, New Year

September 30, 2013
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Hiring is looking good for the coming year, surveys say.

The newest Manpower Employment Outlook Survey indicates "elevated confidence" for 2013's final quarter and beyond.

Of the more than 18,000 employers surveyed, 18% anticipate an increase in staffing in Q4. These numbers are slightly elevated from this time last year; some speculate the Q4 outlook even mirrors that of pre-recession hiring.

This optimism is not exclusive to 2013. Across the board, business executives are raising their expectations for hiring in the coming year, according to a recent AICPA Economic Outlook Survey.

The survey indicates that many employers have heightened hiring initiatives for the next 12 months, with business expansion growing steadily throughout the year.

Among the fastest growing industries, Wholesale & Retail Trade top the charts, with Leisure & Hospitality close behind as well as Professional & Business Services.

In the United States, employers in North Carolina, South Carolina, and Texas are hiring most, according to Manpower.

With stronger hiring also comes increased turnover rates as worker confidence grows. According to CareerBuilder, 26% of workers plan to change jobs in the next 12 months. Having a ready pool of qualified candidates can return huge dividends, saving both time and money and eliminating hasty hiring mistakes.

Click Here to learn more about effective Talent Pipelines and how to plan for enhanced hiring in the coming year.

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