26% of Employers Plan To Hire Full-Time, Permanent Staff In 2Q/14 Per New Survey

Information Technology, Financial Services, Manufacturing, Professional and Business Services and Health Care are the top industries projected to lead in creating new jobs in 2Q/2014 according to a national survey conducted online by Harris Poll on behalf of CareerBuilder.

The survey was conducted from February 10 to March 4, 2014, and included a representative sample of 2,138 hiring managers and human resource professionals across industries and company sizes (ages 18 and over, employed full-time, not self-employed, non-government).

The number of manufacturing employers planning to add full-time, permanent headcount increased three percentage points over Q2 2013 and beat the national average for this year’s forecast by seven percentage points.

26% of employers plan to add full-time, permanent staff in the second quarter, on par with last year. Given that employers historically have been more conservative in estimates than actual hiring activity, the number may come in higher at quarter’s end.

For example, in the Harris Poll/CareerBuilder survey completed in December 2013, 27% of employers said they planned to hire full-time, permanent employees in the first quarter of 2014. The number of employers who actually hired full-time, permanent staff in the first quarter of 2014 was 2 percentage points higher than projected at 29%, up from 28% in the same period in 2013.

The top five industries that are expected to surpass the national average for adding full-time, permanent staff in the second quarter include:

  • Information Technology – 34% of hiring managers
  • Financial Services – 34%
  • Manufacturing – 33%
  • Health Care – 28% (Health Care organizations with 50 or more employees
  • Professional and Business Services – 28%

Temporary employment is showing a slight improvement over last year’s projections. 33% of employers plan to hire temporary or contract workers in the second quarter, up from 32% in 2013. 26% are planning to transition some contract or temporary staff into permanent employees in the second quarter, up from 24% in 2013.

Hiring among small businesses is also expected to grow marginally compared to the second quarter last year. Reporting by size of company:

  • 50 employees or less – 18% plan to add full-time, permanent staff in Q2, up from 17% last year; those reducing headcount stayed at 6%.
  • 250 employees or less – 22% plan to add full-time, permanent staff in Q2, up from 21% last year; those reducing headcount decreased from 7% in 2013 to 6%.
  • 500 employees or less – 23% plan to add full-time, permanent staff in Q2, up from 22% last year; those reducing headcount decreased from 8% in 2013 to 6%.
  • 500 employees or more – 32% plan to add full-time, permanent staff in Q2, down from 33% last year; those reducing headcount increased from 10% in 2013 to 11%.
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