It appears that the job optimism is growing according to a recent poll that was released today by Manpower Inc. Manpower is a global employment agency that looks to place talented employees with prospective jobs with business that the agency works with. The survey of 18,000 employers asked about their plans on hiring or firing decisions in the third quarter. The poll showed that 18% of those employers polled plan to add staff. It is just another sign that the job market may be finally getting a leg up. This survey is in line the the Labor Departments findings on job growth.
The survey showed that the best prospects for job growth was the Northeast. Employers expected a moderate increase in staff. The same can't be said for the West which showed the weakest prospects. Nevada was the only state that showed a negative job outlook. There is still a sense of caution though. Many employers are still on the fence about hiring. Many companies are struggling and they want to see revenues increase more before adding any new staff.
Manpower is a corporation based in Wisconsin. For more information on forming a corporation, click on the link.
Despite the surge in census hiring, the job market took a step back today. The nations unemployment rate dipped slightly however it is expected to go back up when the census is over. Many of the jobs created were temporary. Job growth in the private sector grew a mere 41,000 new jobs. The temporay hiring and private sector job growth resulted in the unemployment rate to drop to 9.7% from 9.9%. Once the summer is over and the census is complete, the 411,000 jobs created for the census will not exist anymore.
The strength of the economy is questionable with these new job numbers. Consumer spending is also slowing as the nations retailers reported lackluster sales for the last month. Housing prices may also see declines as well since people are not looking forward to purchasing a home as quickly since the federal tax credit expired.
Many who are out of work are looking to start their own businesses as well. Many are looking to be their own boss by starting a corporations or setting up a LLC. Businesses are the backbone of the economy. Many small business make up a large part of the job market. Small business is the key to getting the economy back up and running again.