U.S. Labor Market Shows No Sign of Cooling Down in Q4: Average Annual Hiring Outlook for 2018 the Strongest in a Decade
All 13 industry sectors forecast optimistic hiring plans. The Outlook for Leisure & Hospitality is +28% - the strongest industry for 28 consecutive quarters as consumer confidence grows. Optimistic hiring intentions in Professional & Business Services (+25%) and Transportation & Utilities (+24%) reflect continued economic expansion and growth of online retail that's increasing the demand for drivers.
Hiring prospects in the South (+20%) are the strongest in 10 years driven by an uptick in Durable Goods Manufacturing (+18%). Employers in the Midwest region anticipate sustained hiring for the third consecutive quarter (+19%).
"August marked the 95th month in a row for job growth in the U.S. and we anticipate we'll hit 99 months by the end of the year as the Q4 Outlook has more good news for American jobseekers and businesses," said
View complete Q4 2018 survey results for the U.S: ManpowerGroup.US/MEOS.
Region |
Q4 2018 |
Quarter-over-Quarter Variation |
Year-over-Year Variation |
West |
20% |
+3% |
+2% |
Midwest |
18% |
-1% |
+2% |
South |
20% |
+1% |
+2% |
Northeast |
18% |
+2% |
0% |
U.S. Hiring Plans by Regions, Industry Sectors and Metro Areas/States
- Nationwide, employers in all 13 industry sectors expect to add staff in Q4 2018. The strongest Outlooks are reported in Leisure & Hospitality (+28%), Professional & Business Services (+25%), Transportation & Utilities (+24%), Wholesale & Retail Trade (+22%), Mining (+22%), Durable Goods Manufacturing (+19%), Construction (+18%), and Non-Durable Goods Manufacturing (+17%).
- Employers in all four regions in the U.S. report a positive hiring Outlook for Q4 2018: South (+20%), West (+20%), Midwest (+18%), and Northeast (+18%). Hiring prospects in the South and West are the strongest in more than ten years. Employers in the Midwest report relatively stable hiring intentions, up two percentage points year-over-year.
- Employers in
New Mexico (+28%),North Carolina (+28%),Kansas (+27%),South Carolina (+25%) andArizona (+24%) report the strongest Employment Outlooks. Of the 100 largest metropolitan statistical areas, the strongest job prospects are expected inCharlotte, N.C. (+31%);Raleigh, N.C. (+29%);San Jose, Calif. (+29%);Albuquerque, N.M. (+28%);Greenville, S.C. (+28%); andWinston-Salem, NC (+28%).
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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SOURCE
Danielle Switalski, (414) 248-7431, danielle.switalski@manpowergroup.com