Employers in five of the seven business sectors anticipate a rise in payrolls during Quarter 1 2013. The most positive hiring goals are reported by Finance, Insurance & Real Estate sector employers, with the Outlook of 19%. Steady job increases are also predicted in the Services sector as well as the Transportation & Utilities sector, where Outlooks stand at 16%, and some hiring opportunities are anticipated by Wholesale Trade & Retail Trade sector employers with the Outlook of 6%. Meanwhile, Public Administration & Education sector employers predict negative headcount increase with the Outlook of -3%.
Quarter over-quarter, hiring prospects reinforce in four of the seven business sectors, according to employers. The most notable developments of five percentage points and eight are reported within the Finance, Insurance & Real Estate sector as well as the Transportation & Utilities sector, respectively. However, weaker hiring strategies are reported in three sectors. Education sector Outlook & the Public Administration declines by 10 percentage points and an eight percentage point decrease is reported within the Construction & Mining sector.
Year-over-year, employers report weaker hiring goals in five of the seven business sectors. The Construction sector Outlook & Mining declines by a margin of 23 percentage points, while a 14 percentage point decrease is reported within the Public Administration & Education sector and Services sector employers report a four percentage point drop. Meanwhile, hiring strategies reinforce in two sectors, including Transportation, & the Utilities sector, with a four percentage point increase.
Based on unadjusted survey data, workforce gains are forecast by employers in given of the seven business sectors during the following three months. The strongest labour markets are predicted within the Finance, Insurance & Real Estate sector as well as the Transportation & Utilities sector. Hiring prospects improve in three sectors in comparison with the preceding quarter, but the Outlook weakens in given sectors year-over-year.