Modest improvement in employment prospects to accelerate in third quarter of 2010
- June 10, 2010
The modest improvement in job prospects in the first half of 2010 will accelerate in the third quarter, according to projections from 221 employers responding to the Bureau of National Affairs, Inc.‘s latest quarterly employment survey.
The Bureau of National Affairs, Inc. (BNA) is a publisher of information and analysis products for professionals in business and government.
However, while reports of current and planned lay offs are down from levels reported a year ago, there has been little change in these figures over the past two quarters.
Twenty-two percent of surveyed employers plan to add production and service positions in the third quarter of 2010, up from the second quarter of this year (15 percent) and the third quarter of last year (14 percent). This uptick in planned hires is broadly based across employment sectors, with substantial increases in manufacturing, nonmanufacturing and nonbusiness.
Employment prospects are improving more slowly for office and clerical staff. Eleven percent of surveyed companies anticipate hiring in this category in the third quarter, up a modest two percent since last quarter, and three points higher than projections last year.