Employers' hiring plans for the third quarter didn't budge from their record-low second-quarter outlook, according to Manpower's latest Employment Outlook Survey.
A net -2% percent of employers said they plan to hire in the upcoming third quarter, flat from the -2% who said they would hire in the second quarter, on a seasonally adjusted basis, according to the Milwaukee-based firm's survey of 28,000 U.S. companies. (The second-quarter outlook was revised down to -2% from -1%.)
Right now there is no reason to hire -- and there won't be for awhile.
