Bosses more bullish on hiring

By Chavon Sutton, staff reporter


NEW YORK (CNNMoney.com) -- For the third straight quarter, more U.S. employers said that they will add jobs instead of cut them, according to a survey released Tuesday.

Manpower Inc. (MAN, Fortune 500), a global employment agency, polled 18,000 employers for its quarterly Employment Outlook survey. The survey asked about their plans to hire or fire workers during the third quarter.

The survey found that 18% of employers intend to increase staff, up from 16% in the previous quarter. That's higher than the 15% recorded for the same period last year and marks the third quarter in a row of positive readings.

On the other side of the equation, 8% of employers told Manpower that they planned to decrease hiring during the third quarter. That's the same percentage as in the second quarter, but less than the 13% who reported planned cuts for the third quarter last year.

Job prospects were the strongest in the Northeast, where employers expected a "moderate" increase in hiring. The West region came in the weakest, weighed down in part by Nevada which was the only state to report an overall negative job outlook.

Eleven out of the 13 industries surveyed had a positive hiring outlook for third quarter. The outlook was most favorable in wholesale and retail trade, mining and construction.

"The very interesting thing about this quarter's results is that the positive trend is very broad based," said Melanie Holmes, vice president at Manpower.

The survey comes on the heels of the Labor Department's monthly jobs report, which on Friday showed that the United States added 431,000 jobs in May. But the vast majority of those were temporary Census hires, disappointing many who expected a far greater gain in the private sector and sent global stock markets plummeting.

The survey seemed to support a persistent air of caution among hiring managers -- the number of employers who said that they expected no change in their hiring outlook dipped only slightly to 70% from 73%.

Public-sector jobs are still under pressure, with government hiring expected to fall for the second straight quarter. To top of page

Frontline troops push for solar energy
The U.S. Marines are testing renewable energy technologies like solar to reduce costs and casualties associated with fossil fuels. Play
25 Best Places to find rich singles
Looking for Mr. or Ms. Moneybags? Hunt down the perfect mate in these wealthy cities, which are brimming with unattached professionals. More
Fun festivals: Twins to mustard to pirates!
You'll see double in Twinsburg, Ohio, and Ketchup lovers should beware in Middleton, WI. Here's some of the best and strangest town festivals. Play
Index Last Change % Change
Dow 17,976.31 263.65 1.49%
Nasdaq 4,947.44 56.22 1.15%
S&P 500 2,086.24 25.22 1.22%
Treasuries 1.96 0.01 0.77%
Data as of 10:49pm ET
Company Price Change % Change
Bank of America Corp... 15.52 0.21 1.37%
Intel Corp 31.46 -0.54 -1.69%
Apple Inc 126.37 3.12 2.53%
Altera Corp 42.82 -1.57 -3.54%
Microsoft Corp 40.96 -0.01 -0.02%
Data as of 4:04pm ET
Sponsors

Sections

McDonald's will begin serving McMuffins and hash browns all day at certain locations in the San Diego area. More

Warren calls reports that big banks might withhold campaign dollars from Senate Democrats 'a serious threat' More

Jay Z brought out Alicia Keys, Beyonce, Kanye West, and more to announce Tidal -- his new streaming service owned by the artists themselves. More