If a new job on your wish list this season, Wisconsin and the Milwaukee metropolitan area aren’t great places to look. The Manpower survey has been asking employers the same question for more than 50 years.
The Manpower survey shows 18% of employers across the state and 17% in the largest metropolitan area, Milwaukee, are expecting a double-digit percentage drop in hiring during the first quarter of 2017.
Last year, 24% of employers throughout Wisconsin and the Milwaukee-metro-area planned increases in hiring.
According to the Milwaukee Journal Sentinel, “slightly fewer plan to cut staff, however, so the decrease in what Manpower calls the “net employment outlook” isn’t as sharp. To get the net figure, Manpower starts with the percentage of firms expecting to add staff, then subtracts the percentage expecting cuts.”
In addition to slow hiring predictions, Wisconsin faces a challenge with exports. New data from the U.S. Census Bureau shows exports from the state are down by more than 7 percent.
BizTimes reports, “Katy Sinnott, Wisconsin Economic Development Corp. vice president of international business development, said instability in the European Union has contributed to a strong dollar, making U.S. goods more expensive for customers abroad. Germany is the sixth largest destination for Wisconsin exports.”
Read more on Wisconsin’s imports and exports at Biz Times.