U.S. Q3 Employment Outlook Hits 10 Year Low Though Early Signs of Optimism Emerge
Employers were also asked when they expect hiring to return to pre-COVID-19 levels. An optimistic 60% said before the end of 2020, with many expecting a return before the end of summer. Employers in Education, Construction and Government expect the shortest COVID-19 hiring impact while those in the Professional sector including law firms, accountants and consultants are most uncertain.
"The past weeks and months have seen the labor market transform overnight, with many industries halting hiring instantly, while others including healthcare, ecommerce and logistics saw immediate growth." Said
Most In-Demand Essential Roles |
Most In-Demand Non-Essential Roles |
1. Drivers 2. Nurses 3. 4. Retail/Grocery Supervisors 5. Food Prep Supervisors 6. Stock Clerks – Stockroom, Warehouse 7. Cashiers 8. 9. Nursing Assistants 10. Stock Clerks – Salesfloor 11. Critical Care Nurses 12. Maintenance / 13. 14. Freight, Stock, Warehouse Material Movers 15. Security Guards |
1. Software and Application Developers 2. Customer Service Representatives 3. Insurance Sales Agents 4. 5. Marketing Managers 6. Network systems Administrators 7. Management Analysts 8. Help Desk Support 9. IT Security Analysts 10. IT Systems Analysts 11. Accountants 12. Sales Managers 13. IT Project Managers 14. Market Research and Analysts 15. Systems Engineers/Architects |
View the complete Q3 2020 U.S. survey results:
Region |
Q3 2020 |
Quarter-over-Quarter |
Year-over-Year |
West |
2% |
-16% |
-20% |
Midwest |
5% |
-16% |
-16% |
South |
3% |
-18% |
-17% |
Northeast |
4% |
-13% |
-15% |
- Employers in 9 U.S. industry sectors expect to add workers during the upcoming quarter: Leisure & Hospitality (+7%), Transportation & Utilities (+4%), Wholesale & Retail Trade (+3%), Construction (+2%), Government (+4%), Durable Goods Manufacturing (+1%), Education & Health Services (+13%), Financial Activities (+1%) and Nondurable Goods Manufacturing (+3%). Information (- 3%), Other Services (-3%) and Professional & Business Services (0%), are the 3 U.S. industry sectors that do not plan to add workers during the upcoming quarter.
- The Outlook in the Midwest (+5%), West (2%), Northeast (4%) and South (3%) all declined quarter over-quarter though hiring intentions still remain positive in all four regions.
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.
** Data
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SOURCE
Emma Almond, (414) 544-1489, Emma.Almond@manpowergroup.com