Building Jobs for America: U.S. Labor Market Remains Positive in Q4 2017 Driven by Uptick in Manufacturing
"Technological disruption is transforming manufacturing into a high-tech, high-skilled industry," said
Taking seasonal variations into account, the Net Employment Outlook* for Q4 2017 is +17%. This marks the 13th consecutive quarter with an Outlook of +15% or stronger. Nationwide hiring prospects are unchanged from last quarter and relatively stable when compared to one year ago.
View complete Q4 2017 survey results for the
Quarter |
Increase |
Decrease |
Maintain |
Don't |
Net Employment |
Q4 2017 (current) |
21% |
6% |
71% |
2% |
+17% |
Q3 2017 (previous quarter) |
24% |
4% |
70% |
2% |
+17% |
Q4 2016 (one year ago) |
22% |
6% |
69% |
3% |
+18% |
- Nationwide, employers in all 13 industry sectors expect to add staff in Q4 2017. Industries reporting the strongest second quarter hiring intentions are: Leisure & Hospitality (+28%), Professional & Business Services (+22%), Wholesale & Retail Trade (+20%), Manufacturing Durable Goods (+18%) and Transportation & Utilities (+18%).
- Employers in all four regions in the
U.S. have a positive outlook for their Q4 2017 hiring plans. When compared with the previous quarter, hiring intentions increase by four percentage points in the Northeast and are relatively stable in three regions. Compared with this time one year ago, hiring prospects are slightly stronger in the Northeast and remain relatively stable in the other three regions, with employers in the South and Midwest reporting no change year-over-year and employers in the West reporting a decrease of one percentage point. - For the coming quarter, employers in
Delaware ,North Carolina ,Wisconsin ,Minnesota ,Montana ,Oregon ,South Carolina andUtah report the strongest Net Employment Outlooks. Of the 100 largest metropolitan statistical areas, the strongest job prospects are expected inCape Coral, Fla. ;Oxnard, Calif. ;Charlotte, N.C. ;Stockton, Calif. ;Deltona, Fla. ;Grand Rapids, Mich. ;Madison, Wis. andMcAllen, Texas .
Complete results for the
*The Net Employment Outlook is derived by taking the percentage of employers anticipating an increase in hiring activity and subtracting from this the percentage of employers expecting a decrease in hiring activity.
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