Detroit-area job market may grow
Quarter of firms to hire employees
September 12, 2007
BY MARGARITA BAUZA
FREE PRESS BUSINESS WRITER
Two surveys released on Tuesday suggest that the job market in metro Detroit is likely to improve in the last three months of the year.
A Manpower Inc. survey showed a favorable job market is expected for Wayne County during the fourth quarter. From October to December, 25% of the companies interviewed plan to hire more employees, while 13% of the firms expect to cut payrolls.
Another 42% expect to maintain staff levels and 20% are uncertain of their hiring plans.
Employer confidence about hiring is stronger than a year ago, said Manpower spokeswoman Laura Reed.
For the fourth quarter of 2006, 17% of companies surveyed planned to boost staff levels and 19% expected to reduce payrolls.
Also, the Robert Half Technology IT Hiring Index and Skills Report showed that 14% of information technology firms in the Detroit area expected to hire IT professionals in the fourth quarter.
"It's been cyclical in IT," said Christine Lucy, senior regional vice president of Robert Half International. "There's been attrition of talent. When an economic struggle appears, people go elsewhere for opportunities.
"But there is a continuing surge for new technologies, and it's impossible for one person to be an expert for all types of technologies."
The results are based on interviews with 200 information technology officers from a random sample of companies in the Detroit area with 100 or more employees. The survey also queried 1,400 executives nationally.
The surveys were conducted by an independent research firm and developed by Robert Half Technology, a provider of IT professionals on a project and full-time basis.
Robert Half Technology has been tracking IT hiring activity in the United States since 1995.
Because competition for candidates has intensified, organizations are accelerating hiring, increasing salaries and offering work-life balance benefits, said Katherine Spencer Lee, executive director of Robert Half Technology.
Quarter of firms to hire employees
September 12, 2007
BY MARGARITA BAUZA
FREE PRESS BUSINESS WRITER
Two surveys released on Tuesday suggest that the job market in metro Detroit is likely to improve in the last three months of the year.
A Manpower Inc. survey showed a favorable job market is expected for Wayne County during the fourth quarter. From October to December, 25% of the companies interviewed plan to hire more employees, while 13% of the firms expect to cut payrolls.
Another 42% expect to maintain staff levels and 20% are uncertain of their hiring plans.
Employer confidence about hiring is stronger than a year ago, said Manpower spokeswoman Laura Reed.
For the fourth quarter of 2006, 17% of companies surveyed planned to boost staff levels and 19% expected to reduce payrolls.
Also, the Robert Half Technology IT Hiring Index and Skills Report showed that 14% of information technology firms in the Detroit area expected to hire IT professionals in the fourth quarter.
"It's been cyclical in IT," said Christine Lucy, senior regional vice president of Robert Half International. "There's been attrition of talent. When an economic struggle appears, people go elsewhere for opportunities.
"But there is a continuing surge for new technologies, and it's impossible for one person to be an expert for all types of technologies."
The results are based on interviews with 200 information technology officers from a random sample of companies in the Detroit area with 100 or more employees. The survey also queried 1,400 executives nationally.
The surveys were conducted by an independent research firm and developed by Robert Half Technology, a provider of IT professionals on a project and full-time basis.
Robert Half Technology has been tracking IT hiring activity in the United States since 1995.
Because competition for candidates has intensified, organizations are accelerating hiring, increasing salaries and offering work-life balance benefits, said Katherine Spencer Lee, executive director of Robert Half Technology.
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