Employers Signal Unwillingness to Cut Staff

Summary


The U.S. labor market, which has lost 8 million jobs in the past two years, showed a new sign that the worst might be over in a widely followed indicator being released yesterday.

A quarterly survey of employer's expectations compiled by Manpower Inc., the Milwaukee-based global staffing services company, found 73 percent said they expected "no change" in staff levels in the three months from January to March of 2010 -- the highest level of staffing stability in the United States since Manpower began to compile its leading indicator of hiring in 1962.

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Employers Signal Unwillingness to Cut Staff

It also found 12 percent of the U.S. employers expect to add jobs, while an equal 12 percent expect a decline in their work force, res...

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