Economic Development Futures Journal

Saturday, September 27, 2003

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Job Market Expected to Look Up, New HR Reports Says

According to new survery by the Society of Human Resource Managers, 67% of HR professionals and 44% of employees believe the job market will remain about the same over the next 6 months. Meanwhile, 38% of employees believe it will improve generally over the next 6 months, compared to only 25% of HR professionals who hold this view.

Both groups see improvement in the job market over the next 12 months, with 65% of HR professionals saying it will generally improve, compared to 56% of employees who share this assessment.

No great surprises in the survey results, but they are useful in calibrating expectations about the future labor market and economic environment.

Go here to download the survey report.

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