The latest Manpower Employment Outlook Survey points to continuing improvement in the St. Louis job market in the first quarter of 2016. Nineteen percent of regional employers surveyed plan to hire new employees during the first quarter, 74 percent will maintain staff levels, and seven percent plan to decease staffing levels. These results translate into St. Louis’ Net Employment Outlook of 12 percent growth. This level is more optimistic than the previous quarter’s 5 percent Net Employment Outlook and an improvement from one year ago, when the region’s Net Employment Outlook was 11 percent.
Manpower’s quarterly survey of St. Louis employers found that private industries planning to add jobs in early 2016 include construction, durable goods manufacturing, transportation and utilities, professional and business services, and leisure and hospitality. Click here to see the Manpower St. Louis Summary.
The U.S. Manpower Survey also indicates a stronger national job market next quarter, with 20 percent of the nation’s employers expecting to add jobs and six percent expecting to cut jobs in first quarter 2016. The Nation’s Net Job Outlook is 14 percent, down from 15 percent for fourth quarter 2015 and slightly higher than the 13 percent Outlook for the same period last year. Click here to see the Manpower U.S. Summary.
For a look at the region’s current employment activity and labor force performance refer to the latest issue of Greater St. Louis Monthly Employment Summary on our website.