Birmingham, Shelby Hiring Forecast Promising
Here’s some good news that will likely have a positive spillover effect into the Birmingham and Shelby County real estate markets:
Nearly a third of employers in the area say they expect to hire more workers during the second quarter of 2008. That’s according to a Manpower Employment Outlook Survey. The survey is released quarterly to measure employers’ intentions to increase or decrease the number of employees in their workforce during the next quarter.
According to the latest survey, 33% of companies in the Birmingham area expect to hire more employees during the April-June time frame. More than half of the firms surveyed (57%) said they plan to maintain current staffing levels, while 3% expected to reduce their workforces.
The second quarter 2008 outlook is brighter than that of the same period in 2007, when 30% of companies said they planned to increase the size of their staffs, and 7% of employers planned to trim workers.
This just helps to reinforce what most folks in the Birmingham and Shelby County areas already know: The economy in this area remains healthy!