Cape Coral tops US hiring forecast

December 29, 2017 4:15 pm

When it comes to hiring expectations, Cape Coral leads the country.

More employers in Cape Coral-Fort Myers MSA plan to hire workers in the first three months of 2018 than anywhere else. That’s according to the ManpowerGroup Employment Outlook Survey.

One in three firms (34%) plan to hire workers, while 3% expect to lose staff, giving a net 31%. Around six in 10 (59%) of firms aim to keep up present staffing. Just 4% are uncertain of what they will do. The unemployment rate in Lee County is 3.3%.

The main job prospects are in construction, durable goods manufacturing, leisure and hospitality, transportation and utilities. Whole and retail trade, financial activities, professional and business services, and government are also top performers.

Strongest hiring intentions for 10 years

Across the country, employers report the strongest hiring intentions in 10 years. The first quarter seasonally-adjusted net employment outlook is 19%.

From January-March 2018, 21% of U.S. employers expect to add to payrolls, while 5% anticipate a decrease in staffing levels. A further 71% of employers expect no change in workforce size.

Once the data is adjusted to allow for seasonal variation, the Net Employment Outlook for the U.S. is +19%. This is the strongest figure in the past decade.

Nationwide, hiring prospects are 2% more than the final quarter of 2017, and 3% higher than a year ago. The Outlook for the South is unchanged from the last quarter at +17%.

The top outlooks by industry: leisure and hospitality (up 28%), transportation and utilities (up 26%), professional and business services (up 23%), wholesale and retail trade (up 23%), durable goods manufacturing (up 19%) and construction (up 18%).

Becky Frankiewicz, President of ManpowerGroup North America, says, “We’re seeing a renaissance in industries like construction and manufacturing in the U.S. These are not the jobs of the past — many are highly skilled roles that will build America’s future. Strong hiring intentions tell us employers have positions to fill, yet we know they’re struggling to find people with the right skills to fill them.”

More than 11,500 interviews were conducted with employers within the United States, including all 50 states, the top 100 Metropolitan Statistical Areas (MSAs), the District of Columbia and Puerto Rico, to measure hiring intentions between January and March 2018.

ManpowerGroup’s comprehensive forecast of employer hiring plans has been running for more than 50 years and is one of the most trusted surveys of employment activity in the world.