This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Hiring To Remain Stable Over The Next Three Months, According To CareerBuilder's Second Quarter 2013 Job Forecast

Hiring in Q2 2013

Looking ahead, 26 percent of employers plan to add full-time, permanent staff in the second quarter, down from 30 percent last year.  Given that employers historically have been more conservative in estimates than hiring activity, the number may come in higher at quarter's end. 



Nine percent expect to downsize staff, up from 6 percent last year.  Sixty percent anticipate no change while 5 percent are undecided. 

Temporary Hiring

Temporary labor continues to be an important part of the employment mix, though employer estimates for hiring over the next three months are slightly lower than last year's.  Thirty-two percent of employers plan to hire contract or temporary workers in the second quarter, down from 34 percent in 2012. Nearly one-in-four (24 percent) are planning to transition some contract or temporary staff into permanent employees in the second quarter, the same as last year. 

Hiring By Company Size

Hiring in companies of all sizes - while trending below Q2 2012 - will continue at a steady pace into the middle of the year. 

  • 50 or fewer employees – 17 percent plan to add full-time, permanent staff in Q2, down from 20 percent last year; those reducing headcount increased to 6 percent in 2013 from 5 percent last year.
  • 250 or fewer employees – 21 percent plan to add full-time, permanent staff in Q2, down from 22 percent last year; those reducing headcount increased to 7 percent in 2013 from 5 percent last year.
  • 500 or fewer employees – 22 percent plan to add full-time, permanent staff in Q2, down from 25 percent last year; those reducing headcount increased to 8 percent in 2013 from 5 percent last year.
  • More than 500 employees – 33 percent plan to add full-time, permanent staff in Q2, down from 38 percent last year; those reducing headcount increased to 10 percent in 2013 from 7 percent last year.

Compensation

Thirty-three percent of employers anticipate no change in salary levels in the second quarter compared to the same period last year.  Forty-one percent expect there will be an increase of 3 percent or less.  Sixteen percent expect their average changes will be between 4 and 10 percent and 2 percent of employers predict an increase of 11 percent or more.  Three percent anticipate a decrease in salaries and 5 percent of employers say their company is undecided.

2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs