By JASON JACOBS
According to the Manpower Employment Outlook Survey, Terre Haute employers expect to hire at a strong rate going into the fourth quarter of 2006.
Of the companies that were interviewed, 37 percent anticipate hiring more employees, up from the 23 percent in the third quarter survey, while only 7 percent foresee a reduction in their payrolls.
Manpower spokesperson Lori Leo said employers have a more modest outlook for future staffing in comparison to last year when no companies had intentions to cut back.
Terre Haute was near the top of the survey results for Indiana with Fort Wayne leading the way with 47 percent of its interviewed companies anticipating an increase in their hiring and Lafayette also at 37 percent.
The Tri-County Area-Decatur sector had the least amount of companies look for an increase in hiring with only 10 percent, and South Bend has the largest anticipation for cutbacks with 23 percent of the companies interviewed expecting to decrease their staff/payroll.
Job prospects look to be the best in the Construction, Durable Goods Manufacturing and Wholesale/Retail Trade market sectors. The Services sector plans to reduce its staffing levels with the outlook for hiring in Education and Public Administration is not too bright.
As a whole, the state had 25 percent of interviewed companies report they intend to increase their staffing and payrolls, slightly under the national expectation of 28 percent for the fourth quarter. The state recorded eight percent of companies which forsee decreasing their staff, which is even with the national percentage.
Throughout the U.S., 2006 looks to close the same way it began; with strong hiring plans, while Terre Haute area residents look to benefit from the positive outlook.