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Positive Job Market Expected in Second Quarter of 2019 for Chicago-Naperville- Joliet

 

Milwaukee, WI (Mar. 12, 2019) – Demand for skilled talent continues to grow as employers across the U.S. are reporting positive hiring intentions nationwide (+19%) across all 50 states, according to the Q2 2019 ManpowerGroup Employment Outlook Survey. For the coming quarter in Chicago- Naperville-Joliet, MSA, employers expect to hire at a respectable pace.

“Chicago-Naperville-Joliet, IL-IN-WI MSA employers anticipate weaker hiring pace compared to Q1 2019 when the Net Employment Outlook was 17%,” said Michael DeLuca, spokesperson for Manpower, a ManpowerGroup brand. “At this time last year, employers expected slow down hiring activity when the Outlook was 26%.”

In the U.S., this is the seventh consecutive year of double-digit hiring Outlooks, according to the survey of more than 11,500 U.S. employers. The Q2 2019 employment Outlook comes after the Bureau of Labor Statistics’ January jobs report marked 100 months of consecutive job growth in America with approximately 19M gains since October 2010.

Among employers surveyed, 16 percent plan to hire more employees from April through June. This number is offset by the 3 percent that plan to reduce payrolls, while 78 percent of employers expect to maintain current staff levels and 3 percent indicate they are not sure of their hiring plans. This yields a Net Employment Outlook* of 13%.

Summary of Results for Chicago-Naperville-Joliet, IL-IN-WI MSA

Quarter

Increase Staff Levels

Decrease Staff Levels Maintain Staff Levels Don’t Know Net Employment Outlook
Q2 2019

Current

16%

3% 78% 3%

13%

Q1 2019

Q-over-Q

19%

2% 79% 0%

17%

Q2 2018

Y-over-Y

30% 4% 64% 2%

*The Net Employment Outlook is derived by taking the percentage of employers anticipating an increase in hiring activity and subtracting from this the percentage of employers expecting a decrease in hiring activity.

About the Survey

 

The ManpowerGroup Employment Outlook Survey is conducted quarterly to measure employers’ intentions to increase or decrease the number of employees in their workforces during the next quarter. The ManpowerGroup Employment Outlook Survey’s United States results are based on interviews with 11,500+ employers located in the 50 states, the District of Columbia and Puerto Rico, which includes the largest 100 Metropolitan Statistical Areas based on the number of business establishments. The mix of industries within the survey follows the North American Industry Classification System Supersectors and is structured to be representative of the U.S. economy.