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Hiring to Remain Stable Over the Next Three Months, According to CareerBuilder's Second Quarter 2013 Job Forecast



       Hiring to Remain Stable Over the Next Three Months, According to
               CareerBuilder's Second Quarter 2013 Job Forecast

PR Newswire

CHICAGO, April 4, 2013

CHICAGO, April 4, 2013 /PRNewswire/ -- Stable hiring is expected for the
second quarter as U.S. employers continue to size up a market that is
producing moderate economic growth, according to CareerBuilder's latest job
forecast.  Twenty-six percent of employers plan to increase full-time,
permanent headcount in the next three months, similar to projections for the
previous two quarters, but trending below Q2 estimates last year. 

Full Report:
http://www.careerbuildercommunications.com/pdf/careerbuilder-job-forecast-q22013.pdf

The national survey, which was conducted online by Harris Interactive^© from
February 11 to March 6, 2013, included more than 2,000 hiring managers and
human resource professionals across industries and company sizes.        

"The U.S. job market is in a better place today, but concerns over spending
cuts, wavering global economies and other factors are weighing on employers'
minds," said Matt Ferguson, CEO of CareerBuilder.  "We expect continued
stability and improvement as the year goes on.  When we look at listings on
CareerBuilder.com, job growth isn't confined to technology and healthcare and
other areas that have fared well post-recession.  The rebound in the housing
sector is having a positive influence on job creation for related industries
that have been struggling."

Hiring in Q1 2013

In a previous survey completed in November 2012, 26 percent of employers
planned to hire full-time, permanent employees in the first quarter of 2013. 
The number of employers who actually hired full-time, permanent staff was 28
percent – down from 33 percent last year - reflecting a cautious environment
in the wake of slower-than-expected economic growth in Q4 2012. 

Twelve percent of employers decreased headcount, up from 9 percent last year. 
Fifty-nine percent said there was no change in their number of full-time,
permanent employees while two percent were unsure. 

Hiring in Q2 2013

Looking ahead, 26 percent of employers plan to add full-time, permanent staff
in the second quarter, down from 30 percent last year.  Given that employers
historically have been more conservative in estimates than hiring activity,
the number may come in higher at quarter's end. 

Nine percent expect to downsize staff, up from 6 percent last year.  Sixty
percent anticipate no change while 5 percent are undecided. 

Temporary Hiring

Temporary labor continues to be an important part of the employment mix,
though employer estimates for hiring over the next three months are slightly
lower than last year's.  Thirty-two percent of employers plan to hire contract
or temporary workers in the second quarter, down from 34 percent in
2012. Nearly one-in-four (24 percent) are planning to transition some contract
or temporary staff into permanent employees in the second quarter, the same as
last year. 

Hiring By Company Size

Hiring in companies of all sizes - while trending below Q2 2012 - will
continue at a steady pace into the middle of the year. 

  o 50 or fewer employees – 17 percent plan to add full-time, permanent staff
    in Q2, down from 20 percent last year; those reducing headcount increased
    to 6 percent in 2013 from 5 percent last year.
  o 250 or fewer employees – 21 percent plan to add full-time, permanent staff
    in Q2, down from 22 percent last year; those reducing headcount increased
    to 7 percent in 2013 from 5 percent last year.
  o 500 or fewer employees – 22 percent plan to add full-time, permanent staff
    in Q2, down from 25 percent last year; those reducing headcount increased
    to 8 percent in 2013 from 5 percent last year.
  o More than 500 employees – 33 percent plan to add full-time, permanent
    staff in Q2, down from 38 percent last year; those reducing headcount
    increased to 10 percent in 2013 from 7 percent last year.

Compensation

Thirty-three percent of employers anticipate no change in salary levels in the
second quarter compared to the same period last year.  Forty-one percent
expect there will be an increase of 3 percent or less.  Sixteen percent expect
their average changes will be between 4 and 10 percent and 2 percent of
employers predict an increase of 11 percent or more.  Three percent anticipate
a decrease in salaries and 5 percent of employers say their company is
undecided.

Totals may not equal 100 percent due to rounding.

Survey Methodology

This survey was conducted online within the U.S. by Harris Interactive^© on
behalf of CareerBuilder among 2,184 hiring managers and human resource
professionals (employed full-time, not self-employed, non-government) between
February 11 and March 6, 2013 (percentages for some questions are based on a
subset, based on their responses to certain questions). With a pure
probability sample of 2,184 one could say with a 95 percent probability that
the overall results have a sampling error of +/- 2.1 percentage points. 
Sampling error for data from sub-samples is higher and varies.

About CareerBuilder®

CareerBuilder is the global leader in human capital solutions, helping
companies target and attract their most important asset - their people. Its
online career site, CareerBuilder.com®, is the largest in the United States
with more than 24 million unique visitors, 1 million jobs and 50 million
resumes. CareerBuilder works with the world's top employers, providing
resources for everything from talent and compensation intelligence to
employment branding and recruitment support. More than 10,000 websites,
including 140 newspapers and broadband portals such as MSN and AOL, feature
CareerBuilder's proprietary job search technology on their career sites. Owned
by Gannett Co., Inc. (NYSE: GCI), Tribune Company and The McClatchy Company
(NYSE: MNI), CareerBuilder and its subsidiaries operate in the United States,
Europe, South America, Canada and Asia. For more information, visit
www.careerbuilder.com.

Media Contact
Jennifer Grasz
773-527-1164
Jennifer.Grasz@careerbuilder.com
http://www.twitter.com/CareerBuilderPR

 

SOURCE CareerBuilder

Website: http://www.careerbuilder.com
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