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Two separate surveys released
recently show evidence of a recovering economy and increased
hiring in places like
Mexico.
The studies – from PricewaterhouseCoopers and Manpower
Inc. – show confidence returning to the business world.
The Manpower Employment Outlook indicates job seekers
across the
United States,
Mexico, Hong Kong and New Zealand are likely to see a
continuation of solid employment prospects throughout the fourth
quarter of 2004. Employers in 17 of 19 countries and territories
say they expect positive hiring activity in the quarter, with 14
countries reporting stronger hiring levels compared to one year
ago. Employers in Germany, Mexico and Hong Kong reported their
most optimistic hiring intentions since Manpower began surveying
in these countries. In the United States, seasonally adjusted
results reveal continuing employer optimism and solid hiring
levels for the final period of 2004.
Meanwhile, PricewaterhouseCoopers’ Trendsetter
Barometer interviewed CEOs of 392 privately-held product and
service companies identified in the media as the fastest growing
U.S.
businesses over the last five years. The surveyed companies
range in size from approximately $5 million to $150 million in
revenue/sales.
Although three in four fast growth CEOs expect the
current economic upturn will have staying power, the vast
majority are proceeding with caution—managing with a business
planning cycle of one year or less. These business owners expect
that over the next 12-24 months the two greatest new risks to
their businesses will involve their success in hiring additional
permanent, full-time employees and increasing their investments
in training.
Manpower finds
Mexico in
particular to be a hot spot for hiring.
“The employment picture is notably improved from a
year ago in most countries,” said Jeffrey A. Joerres, chairman
and CEO of Manpower Inc. “However, seasonal hiring patterns are
prominent in a number of countries where hiring is expected to
soften moving from third quarter into the end of the year, when
hiring typically slows.”
Results from countries surveyed in
the
Americas also showed improved hiring levels compared to the same
time last year. “In the U.S., employers are optimistic when
compared to one year ago, however, companies are taking a
measured approach when looking forward,” said Joerres. “The
seasonally adjusted data reported for the Durable and
Non-Durable Manufacturing sectors is the strongest ...
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