From April to June, 20 per cent of the companies interviewed plan to hire more employees, while seven percent plan reductions. Manpower’s Doug Karr says that yields a net employment outlook of 13 per cent.
“And it’s a difference between those companies that are hiring and those companies that look like they’re going to be reducing their payrolls. There is 20 percent of the companies that are planning on hiring more employees. Seven percent were looking to reduce, so that’s a net plus-13. So when you combine that with the number, the percentage of companies (that) look like they were going to maintain their current staff, which is 72 percent, that means 92 percent of the companies in Houston were either going to maintain or increase the level of employees that they had working for them.”
Demand for temporary help has grown, also.
“There’s been several hundred thousand new jobs created through the temporary industry, and what a lot of companies are doing are using agencies like ourself to bring in some of that additional work force that’s required to get the product or service out because there is a higher demand for their product and service. So those are all good signs leading to a nice second quarter, hoping that the third and fourth quarter are even stronger than the second quarter.”
Job prospects appear best in construction, nondurable and durable goods manufacturing, wholesale and retail trade, financial activities and education and health services.