U.S. employers say they plan to hire at their slowest pace during the second quarter since the 1982 recession, according to a Manpower Inc. survey released in March. The survey of 72,000 employers in 33 countries shows U.S. firms expect employment to drop 16% from the year-earlier period between April and June. U.S. employers also project hiring activity to fall 2%, or 11% when adjusted to remove seasonal variations, from the first quarter to the second quarter. The chart below shows how the United States stacks up against other major countries' employment trends in the second quarter.
(All figures represent percentages)
Country | Q2 2008 | Q1 2009 | Q2 2009 | Q1 2009 to Q2 2009 Change | Year on Year Change |
United States | 17 (15)* | 3 (10)* | 1 (-1)* | -2 (-11)* | -16 (-16)* |
Canada | 16 (12)* | 7 (18)* | 6 (1)* | -1 (-17)* | -10 (-11)* |
Mexico | 24 (21)* | -2 (1)* | -6 (-5)* | -4 (-6)* | -30 (-26)* |
China | 13 (12)* | 9 (10)* | 3 (4)* | -6 (-6)* | -10 (-8)* |
India | 36 (42)* | 18 (19)* | 19 (25)* | 1 (6)* | -17 (-17)* |
Japan | 39 (20)* | -3 (5)* | 12 (-5)* | 15 (-10)* | -27 (-25)* |
United Kingdom | (6) (6)* | -5 (-2)* | -6 (-6)* | -1 (-4)* | -12 (-12)* |
*Number in parentheses is the net employment outlook when adjusted to remove the impact of seasonal variations in hiring activity. Source: Manpower Employment Outlook Survey |
See Also
Voice your opinion!
Voice your opinion!
To join the conversation, and become an exclusive member of IndustryWeek, create an account today!
Sponsored
Sponsored