Employers anticipate a hopeful hiring climate in the January-March time frame, reporting a Net Employment Outlook of +15%. However, when compared with the previous quarter, the Outlook declines by five percentage points. Year-over-year, hiring prospects are unchanged.
Based on unadjusted survey data, employers report subdued hiring plans for the next three months. The Outlook declines sharply quarter-over-quarter and is also slightly weaker year-over-year.