While potentially encouraging, most people are in the "I'll believe it when I see it" phase after years of employment problems and promises of political fixes. The stimulus did work though nothing else has helped employment. Maybe there really is a hiring spike coming in Q3 but like others, I'll believe it when I see it.
More from Bloomberg on the new survey:
Manpower Inc. (MAN)’s employment index for the period from July through September climbed to 11 percent, the highest reading in four years, from 10 percent in the second quarter, the Milwaukee, Wisconsin-based, staffing company reported. The measure was at 8 percent a year earlier.
For the first time since 2008, employers held positive outlooks on hiring in consecutive quarters in all four regions of the country and in all industries. The figures may ease concern that the job market is faltering after Labor Department data showed employment rose in May at the slowest pace in a year.
“We’ve been climbing out of this slowly,” Manpower Chief Executive Officer Jeff Joerres said in an interview. “It’s nothing fantastic, but it’s a hand-over-hand rappelling up the hill.”
