U.S. Hiring Outlooks Continue To Improve For Q1 Though Pre-Pandemic Hiring Levels Will Take Longer To Return
Key Highlights:
- Employers in all 12 U.S. industry sectors forecast positive outlooks in Q1 2021, with hiring intentions strengthening in 11 sectors quarter-over-quarter. The strongest outlooks are reported by employers in the Leisure and Hospitality (+26%) and Transportation and Utilities (+22%).
- Hiring intentions increase in all four
U.S. regions, led by the Midwest with an Outlook of +20%. - Employers in
Vermont (+56%),Montana (+38%) andIowa , (+31%), report the strongest outlooks nationwide; weakest outlooksNevada (+1%) andKentucky (+2%). - The biggest quarter-over-quarter improvement is reported by Nondurable Goods Manufacturing (+19%), increasing 10 percentage points from the previous quarter.
Employers in Leisure and Hospitality (+26%), Transportation and Utilities (+22%), Wholesale and Retail Trade (+20%) report the three strongest outlooks for the second consecutive quarter as employers re-hire furloughed workers and the rise in e-commerce continues through the holiday season. Nondurable Goods Manufacturing (+19%) saw the greatest improvements, increasing 10 percentage points from the previous quarter. Education and Health Services (+14%) report the only decrease in hiring when compared to the previous quarter, down 1 percentage point.
"As the labor market navigates the impact of the pandemic, it's encouraging to see hiring outlooks continue to move in a positive direction on the road to recovery." Said
View the complete Q1 2021 U.S. survey results: ManpowerGroup.US/MEOS
Region |
Q1 2021 |
Quarter-over-Quarter |
Year-over-Year |
West |
15% |
2% |
-4% |
Midwest |
20% |
4% |
-1% |
South |
17% |
3% |
-5% |
Northeast |
16% |
1% |
-2% |
- Employers in all 12 U.S. industry sectors expect to add workers during the upcoming quarter: Leisure & Hospitality (+26%), Transportation & Utilities (+22%), Wholesale & Retail Trade (+20%), Nondurable Goods Manufacturing (+19%), Professional & Business Services (+17%), Construction (+17%), Education & Health Services (+14%), Financial Activities (+14%) and Durable Goods Manufacturing (+14%), Government (+10%). Information (+9%), and Other Services (+9%).
- Hiring intentions strengthen in all four
U.S. regions when compared with the previous quarter. The strongest hiring pace is anticipated in the Midwest, Northeast employers expect steady hiring intentions, reporting an Outlook of +16%, and hiring activity is anticipated to improve in the South and the West, with outlooks of +17% and +15%, respectively. - Employers in
Vermont (+56%),Montana (+38%),Iowa , (+31%),South Dakota (+29%), andArkansas (+26%), report the strongest outlooks nationwide. Of the 100 largest metropolitan statistical areas, the strongest outlooks are expected inCape Coral-Fort Myers , FL (+42%),Winston-Salem, NC (+34%),Grand Rapids -Wyoming, MI (+34%),El Paso, TX (+34%) andDes Moines -West Des Moines, IA (+31%).
To view complete results for the
*The survey – conducted
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
Emma Almond, +1 (414) 544-1489, emma.almond@manpowergroup.com