Metro Milwaukee hiring outlook cools for Q4

Lags state and national outlook

Last updated on July 2nd, 2019 at 09:08 am

The number of businesses in the metro Milwaukee area planning to hire more employees still far outnumbers the number of area businesses planning layoffs, but the region’s hiring outlook is cooler for the fourth quarter of the year, according to the latest ManpowerGroup Employment Outlook Survey.

Among area employers surveyed, 22 percent plan to hire more employees during the fourth quarter of 2018, 5 percent plan to reduce staffing levels, and 73 percent expect no change.

That results in a 17 percent Net Employment Outlook for the metro Milwaukee area. The area’s Net Employment Outlook 33 percent for the third quarter and 18 percent a year ago.

The Net Employment Outlook for the state of Wisconsin is 20 percent for the fourth quarter, with 24 percent of employers in the state planning to add employees and 4 percent planning to reduce employment, according to the report.

The national Net Employment Outlook for the fourth quarter is 19 percent.

Read more economic data reports at the BizTracker page.

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Andrew is the editor of BizTimes Milwaukee. He joined BizTimes in 2003, serving as managing editor and real estate reporter for 11 years. A University of Wisconsin-Madison graduate, he is a lifelong resident of the state. He lives in Muskego with his wife, Seng, their son, Zach, and their dog, Hokey. He is an avid sports fan and is a member of the Muskego Athletic Association board of directors.

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