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ManpowerGroup Employment Outlook Survey

The U.S. Q3 2022 Employment Outlook Explained

Rebecca Croucher
May 27, 2022 9:48:11 AM

Our quarterly employment outlook survey is out and despite inflationary pressures, the talent shortage and the still-present pandemic, we’re pleased to report that major companies are forging ahead with their hiring plans. A full 50% of respondents to the latest ManpowerGroup Employment Outlook Survey reported the intention to hire new employees in the third quarter of ‘22. This is virtually unchanged from last quarter. Only 12% expect to lay off workers. 

Our quarterly Employment Outlook Survey measures employers’ intentions to increase or decrease the number of employees in their payrolls in the July-September time period. It’s the most comprehensive, forward-looking employment survey of its kind, used globally as a key economic indicator. And here’s another encouraging statistic: once the data is adjusted to allow for seasonal variation, the Net Employment Outlook for the coming quarter stands at +38%, a 3 point rise from last quarter. 

And no region is left behind. Workforce gains are anticipated in all four U.S. regions when compared with one year ago, with the West region leading the way. 

Growth is expected across all 11 industry sectors, with IT, Technology, Telecoms, Communications and Media once again reporting the strongest outlook of +59%. 

Globally, the United States ranked seventh strongest in hiring intentions for the second quarter, after Canada, Brazil, Colombia, Mexico, India and Sweden. 

As always, whether you are decreasing or increasing your workforce or shifting your work models, we can help. Our research, market intelligence and workforce trends analysis can inform your talent strategy for today and tomorrow. 

Access the latest employment outlook research to help you make the smartest decisions for your organization. 

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