Here is a brief excerpt from an article written by Susan Adams for Forbes magazine. She is its deputy leadership editor. To read the complete article, check out other resources, sign up for email alerts, and obtain subscription information, please click.
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Though Florida is still recovering from the subprime mortgage crisis of 2008 and the state unemployment rate sits at 8.5%, almost a point higher than the national rate of 7.7%, some pockets of the state are experiencing strong job growth. In fact employers in the Cape Coral-Fort Myers area are projecting a net job increase of 23%, the highest in the nation, according to the latest employment outlook survey by the giant employment services firm, ManpowerGroup. One other Florida metropolitan area, Lakeland-Winter Haven, also landed in the top 15 cities for job growth, according to Manpower.
To gauge companies’ hiring plans, Manpower surveyed more than 18,000 employers in 100 metro areas. It used a research firm that questioned hiring managers and human resource professionals by phone and email. Over the first two weeks in October, the firm asked four questions about companies’ plans for the first quarter of 2013: do you plan to add to your staff, do you plan to reduce your staff, keep your staff at the same level, or are you unsure. Then Manpower crunched the numbers and came up with a “net employment outlook.” The survey is by definition a rough measure, since it doesn’t count the number of jobs employers plan to add or subtract, but simply asks whether they plan to hire or fire.
Nationwide, 17% of employers said they expected to add to their workforces next quarter, while 8% forecast a decrease. Seventy-two percent expected no change while 3% were undecided. That results in a net employment outlook of 9%, but when seasonally adjusted, the number climbs to 12%, the best first-quarter showing in Manpower’s survey since 2008, and significantly stronger than the weakest in the history of the survey, 4% in the first quarter of 2010.
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To read the complete article, please click here.
“Since Forbes hired me in 1995 to write a legal column, I’ve taken advantage of the great freedom the magazine grants its staff, to pursue stories about everything from books to billionaires. I’ve chased South Africa’s first black billionaire through a Cape Town shopping mall while admirers flocked around him, climbed inside the hidden chamber in the home of an antiquarian arms and armor dealer atop San Francisco’s Telegraph Hill, and sipped Chateau Latour with one of Picasso’s grandsons in the Venice art museum of French tycoon François Pinault. I’ve edited the magazine’s Lifestyle section and opinion pieces by the likes of John Bogle and Gordon Bethune. As deputy leadership editor, these days I mostly write about careers and corporate social responsibility. I got my job at Forbes through a brilliant libertarian economist, Susan Lee, whom I used to put on television at MacNeil/Lehrer NewsHour. Before that I covered law and lawyers for journalistic stickler, harsh taskmaster and the best teacher a young reporter could have had, Steven Brill.”