Report offers good news for work force

Wednesday, September 17, 2003

Terre Haute area employers expect to hire at an upbeat pace during the fourth quarter of 2003, according to the Manpower Employment Outlook Survey.

From October to December, 27 percent of the companies interviewed plan to hire more employees, while 10 percent intend to reduce their workforce, according to Manpower spokesperson Lori Leo. Another 60 percent expect to maintain their current staff levels and 3percent are not certain of their hiring plans.

"The Terre Haute area employment forecast for the coming quarter is more sluggish than it was in the third quarter when 33 percent of the companies interviewed predicted an increase in hiring activity, while 3 percent planned to decrease the hiring pace," said Leo. "A year ago at this time, employers forecast a stronger job outlook when 23 percent of companies surveyed thought employment increases were likely and 3 percent intended to cut back."

For the coming quarter, job prospects appear best in the Wholesale/Retail Trade. Employers in services plan to reduce staffing levels, while those in durable goods manufacturing have mixed hiring intentions. Hiring activity is expected to remain the same in all other sectors.

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