Survey: Job outlook not great for New York during Q1 2010
Construction is one sector that could be hurt even more in 2010.
Unfortunately, there’s some not-so-great news for New Yorkers looking for work: The first quarter of 2010 is unlikely to see a hiring boom.According to a survey conducted by employment services company Manpower Inc., New York-northern New Jersey-Long Island-area employers expect to hire at a reserved pace during the beggining of next year. In fact, only 12 percent of companies interviewed for the Manpower Employment Outlook Survey said they plan to hire more employees from January through March. Eighteen percent of the companies actually expect to reduce their payrolls during that time.
Another 63 percent expect to maintain their current staff levels, and 7 percent are not certain of their hiring plans. For the coming quarter, job prospects appear to be best in the non-durable goods manufacturing, wholesale and retail trade, financial activities, and leisure and hospitality sectors. On the other hand, employers in construction, durable goods manufacturing, transportation and utilities, professional and business services and education and health services plan to reduce staffing levels. Hiring levels in information and government are expected to remain unchanged. Of the more than 28,000 employers surveyed across the whole country, 12 percent expect to increase their staff levels from January through March, while 12 percent expect to reduce their payrolls. Seventy-three percent expect no change in hiring, and 3 percent are undecided about their Q1 2010 hiring plans.