Detroit to See Major Hiring Upswing in Third Quarter

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As part of its ongoing comeback, Detroit is expected to see a significant hiring turnaround in the coming months, according to a recent Manpower Outlook Survey.

Within this hiring turnaround:

AUTO BACK ON TRACK
Vehicle sales for 2013 could reach 15.5 million, the highest number in six years. As a result, automakers and auto suppliers are gearing up to keep up with an increase in demand; the auto industry is expected to go on a “hiring spree” in Detroit soon.

In particular, Ford Motor Co. expects to hire 800 more salaried workers during the next six months. These jobs are primarily in engineering, information technology, product development, and manufacturing. The majority of Ford’s new employees will work in Southeast Michigan.

Additionally, Detroit’s Big Three have all announced large hiring initiatives for hourly workers this year, according to the Detroit News. Hiring for auto companies has risen steadily since it bottomed out in 2009. Analysts expect the upcoming increase in hiring will help sustain job growth and consumer spending.

CFOS FEELING “OPTIMISTIC”
The majority of Chief Financial Officers (CFOs) in Detroit are feeling “optimistic” about their business prospects for the third quarter, and 93% expressed confidence in their company’s upcoming growth, according to a recent report from Robert Half International.

Twelve percent of CFOs in Detroit plan to add professional-level positions to their staff in the third quarter, according to the report.

STATEWIDE STATS
According to the Manpower Outlook Survey, 24% of companies throughout Michigan plan to hire more employees from July to September. Only 4% expect to make staffing reductions during these months.

Crain’s Detroit Business predicts the sectors with the most growth will include: Skilled trades, sales, professional services, administrative/clerical, engineering, customer service, finance, general labor, accounting, manufacturing, human resources, technology, law/legal department, and marketing.

Check out this list of 10 Things to Do in "America's Great Comeback City" by Time Magazine.

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