In what may be called as welcome news for those concerned about the rising unemployment, employers in most economies, including the US, are in a better position now to increase their staff strength than they were in three months ago.
But, as per the findings of a quarterly survey by Manpower Inc, big employment gains would remain limited to booming economies like Brazil, India and China.
Considered to be a leading indicator of labor demand, Manpower's survey suggests that a recovery from unemployment would be witnessed all across the world. But, there was a need for the employers to remain cautious.
And in the US, the nation hit most by the economic recession, job creation on a larger scale was not likely in coming months, the survey pointed out. The U. S. net employment outlook was plus-6 for the third quarter, up slightly from plus-5 in the previous survey and negative a year ago.
Based on interviews with 18,000 U. S. hiring managers, Manpower's index shows about 70% reported no change in their outlook, meaning many employers remain unconvinced about the sustainability of the current economic rebound.
"We'll go into the third quarter and see more of what we saw in the second -- no doubt improved BLS numbers, but not so improved that we're going to feel like we're out of the woods", Manpower Chief Executive Jeff Joerres said.
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