MILWAUKEE (AP) -- A new nationwide hiring survey shows only a little over a quarter of companies, or 28 percent of them, expect to add new positions in the next three months.
The survey by Milwaukee-based global staffing firm Manpower Incorporated also shows seven percent of companies say they expect to reduce employment.
Jonas Prising is president of Manpower North America ... and he says that means some people may have to search longer for work, although the overall labor market is strong.
This quarter, when stripping out seasonal factors and the number of companies that expect to cut jobs, 18 percent of companies expect to increase hiring, down from 19 percent in the first three months of the year and 20 percent in the last quarter of 2006.
Prising says the slowdown in hiring indicates employers are being cautious as they anticipate only moderate economic growth.