If you’re still hoping to land a new job before the end of the year, take a few minutes to find out what’s happening in the job market. Is it a good time to find a new job opportunity? Are things looking up or down as we head into the final few months of 2016? A helpful source for this information is the latest Manpower Employment Outlook Survey recently released by ManpowerGroup.
According to the survey, 22% of employers plan to hire in the fourth quarter of 2016. This is up 1% from this time last year. So, there definitely will be hiring; just maybe not as much as you’d like. Plus, a lot of job seekers might also slow down their job hunting efforts because they think it’s a slow hiring time. This could be a great time to step up your efforts and stand out.
Let’s take a little deeper look at what the Manpower Employment Outlook Survey is really saying and how it may impact your job search.
- 22% of U.S. employers plan to hire in Q4 – that’s almost one out of five employers. Only 6% of employers expect to reduce their workforce.
- All industry sectors revealed positive outlooks – that means improvement is not limited to one type of work environment. The industries with the highest hiring plans include: Leisure & Hospitality, Wholesale & Retail Trade, Transportation & Utilities and Professional & Business Services.
- The best metro areas for hiring include: Honolulu, HI; Provo-Orem, UT; Raleigh, NC; Miami, FL; Nashville, TN; Charleston, SC. If you are in those areas, your job prospects are higher than the average. Make your moves now.
So, let the optimist in you take over and use these results to help guide some of your job search decisions. There are going to be jobs out there; it’s up to you to find them. For complete survey results and infographic. Click here.