The metro Milwaukee area ranks 12th in the nation with a 26 percent net employment outlook for the third quarter of 2016, according to the latest ManpowerGroup Employment Outlook Survey.
ManpowerGroup’s net employment outlook is basically determined by the difference between the percentage of employers that plan to hire and the percentage of employers that plan to reduce employment. The number is also seasonally adjusted.
Albany, New York (34 percent); Richmond, Virginia (33 percent); Charleston, South Carolina (31 percent); and Salt Lake City, Utah (30 percent); have the highest third quarter net employment outlooks of U.S. metro areas, according to the survey results.
The lowest rated metro areas for third quarter net employment outlook were New Orleans (1 percent); Baton Rouge, Louisiana (2 percent); Philadelphia (5 percent); Oklahoma City (5 percent); and Bakersfield, California (5 percent).
Milwaukee’s net employment outlook of 26 percent is higher than the national rate of 15 percent for the third quarter, according to the survey results.
More than 11,000 U.S. employers were surveyed for the report.
The U.S. net employment outlook of 15 percent for the third quarter is up 1 percent from the second quarter and down 1 percent from a year ago.
“Although employers have been increasingly cautious for the last three quarters, the U.S. hiring outlook is among the strongest globally, and we expect to see modest improvements in the labor market throughout most of the country,” said Kip Wright, senior vice president of ManpowerGroup in North America. “This is good news for job seekers and organizations; as the competition for talent heats up, the way in which companies engage individuals is more critical than ever. Employers need to ensure they have the skills and resources they need – right when they need them.”
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