Industry News

More jobs ahead for real estate, construction sectors

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About 23 percent of companies in the real estate, finance and insurance industries plan to add staff in the fourth quarter of this year, according to a quarterly employment survey released today by Manpower Inc., while 4 percent of the companies in these industries planned to reduce staff. For the construction industry, about 24 percent of surveyed companies planned to increase staff while 12 percent planned to reduce staff. Of the 16,000 total U.S. employers surveyed, 28 percent plan to add staff in the fourth quarter, while 7 percent expect to reduce their payrolls, creating a Net Employment Outlook of 21 percent. Sixty percent of employers surveyed anticipate no change in staff levels for the coming quarter, and 5 percent are unsure of their hiring plans. The seasonally adjusted employment outlook for the final months of 2004 is the same as it was in both the second and third quarters of the year. The job forecast is more positive than a year ago, when the outlook was half as str...