Job creation in metropolitan Knoxville will proceed at a cautious pace in the first quarter of 2014, according to the Manpower hiring survey released today.
Thirteen percent of Knoxville area employers surveyed said they plan to add jobs in the January through March period, while 9 percent expect to cut staff for a Net Employment Outlook of 4 percent.
Seventy-four percent of Knoxville employers said they would maintain current staffing levels.
Statewide, the outlook is a bit more optimistic as 16 percent of the employers surveyed said they would increase staffing and 7 percent said they would reduce staffing, Manpower reported.
Employment sectors offering the best job prospects in the Knoxville area in early 2014 are durable goods manufacturing , wholesale and retail trade, education and health services, leisure and hospitality and government, according to the survey
Area employers in the transportation and utilities; and professional and business services sectors plan to cut jobs in the first quarter, Manpower reported.
More than 18,000 employers across the country are surveyed for the quarterly Manpower Employment Outlook survey.
Click here for the full Manpower Employment Outlook Survey.
America’s CEOs are slightly more optimistic about the economy over the next six moths, according to a Business Roundtable survey released today.
The chief executives of leading companies expect increased sales and capital expenditures as well as more job creation compared to the third quarter.
The Business Roundtable CEO Economic Outlook Index increased to 84.5 from 79.1, with expectations for 2014 GDP growth at 2.2 percent, in line with the previous two quarters.
“CEO expectations for economic expansion in the next six months increased slightly from last quarter, with expectations for sales, capital investment and hiring all tracking somewhat higher,” Jim McNerney, chairman of Business Roundtable, and chairman, president and CEO of The Boeing Co. said in a news release.
“In aggregate, our expectations are consistent with an economy that will continue along the path of steady, modest recovery into the first half of 2014. These soundings are also consistent with an overall economy that, despite progress, is not yet performing at its full potential.”
Seventy-three percent of the executives surveyed said they expect their company’s sales to increase in the next six months, while only 8 percent foresee a sales decrease.
Thirty-nine percent said they will increase capital spending and 34 percent plan to increase hiring.
Click here for complete results of the Roundtable survey.
Metropolitan Knoxville employers plan to add new jobs at a “brisk pace” in the third-quarter, according to the latest Manpower Employment Outlook Survey.
Twenty-three percent of local employers surveyed said they plan to add new jobs during the July through September period, compared to 6 percent who plan to cut staff for a net gain of 17 percent of employers who plan to add workers.
Seventy-one percent expect to maintain current employment levels, Manpower reported.
Hiring remains sluggish, but at least most companies are in a party mood.
More than 83 percent of companies are planning a holiday party this year, according to a recent survey of human resource executives. That’s up from 68 percent in 2011, but still lower than the 90 percent who partied in pre-recession 2007.
The survey by consulting firm Challenger, Gray & Christmas found that 10.3 percent of the companies surveyed are having a holiday party after one or more years of not partying. Seventeen percent of the companies said they will spend more on this year’s holiday party than they did in 2011.
Competition will be intense when new college grads hit the job market this spring, but their chances of landing a job are improving, says a report from outplacement consultancy Challenger, Gray & Christmas.
Some 1.7 million graduates are about to start the grand post-college job hunt. As is usually the case, new grads who are flexible about relocating and those in hot job fields will fare best.
Fields with the best job prospects include: accounting and finance, engineering, computer science, sales and marketing, education, and health care and social services among, according to Challenger’s annual look at the new grad job market.
Despite a still sluggish economy, 70 percent of companies will hold holiday parties for their employees this year, according to a survey by outplacement consultancy firm Challenger, Gray & Christmas.
“The economy is not improving as fast as many had hoped. While some companies are seeing improvements, most are still stuck in first gear and continue to hold off on hiring, equipment upgrades and other big expenditures. Yet, despite the less-than-celebratory business conditions, the majority of companies refuse to abandon the year-end holiday party,” CEO John A. Challenger said in a news release.
Job prospects for new college graduates are the best they’ve been in years, global outplacement consultancy Challenger, Gray & Christmas Inc. says in a report released today.
Competition for entry-level positions will be tough, but companies are hiring again.
“Entry-level hiring has not returned to pre-recession levels, but this year’s graduates should find markedly improved job-search conditions. Colleges and universities around the country are reporting increased on-campus recruiting and surveys of employers indicate more graduate hiring, as companies rebuild their bench-strength after massive layoffs during the downturn,” Challenger, Gray CEO John A. Challenger said in a news release.
Hiring and salary offers for new college graduates are on the rise, the National Association of Colleges and Employers reported recently.
Not only is this good news for the class of 2011, but more proof that the economic recovery is gaining strength. When the number of companies hiring new grads increases and they offer higher starting salaries, it means companies are feeling positive about the economy.
Economy watchers have multiple reasons to be happy today — oil prices fell, the hiring outlook is the best in years and consumer spending is improving.
But the best news of all is that venture capitalists are back in the game. Total VC investments were up 11 percent and the number of deals rose 6 percent in 2010, according to the Dow Jones VentureSource report.
The increase in venture capital investments, while still below pre-recession levels, is a sure sign that people with money are gaining confidence in the economy.