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Manpower sees mild job market in first quarter 2014

Slightly weaker than same period in 2013

San Diego's job market will be mild in the first quarter of 2014 — slightly weaker than this year's first quarter, according to the Manpower Employment Outlook Survey.

In next year's first quarter, 15 percent of employers intend to increase staff, 11 percent plan to drop employees, and 71 percent plan to maintain current levels. For the first quarter of this year, 15 percent intended to increase staff, but only 9 percent intended to trim employment. The percent intending to remain the same was at 71 in both years.

In next year's first quarter, job prospects appear best in construction, durable goods manufacturing, wholesale and retail trade, information, professional and business services, and government. But employers in nondurable goods manufacturing, finance, education, health services, and other services intend to reduce staffing.

Government jobs have been weak since 2010; construction has been crawling back from a deep hole during the recession. Health services has been one of the strong employment sectors for the past several years.

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San Diego's job market will be mild in the first quarter of 2014 — slightly weaker than this year's first quarter, according to the Manpower Employment Outlook Survey.

In next year's first quarter, 15 percent of employers intend to increase staff, 11 percent plan to drop employees, and 71 percent plan to maintain current levels. For the first quarter of this year, 15 percent intended to increase staff, but only 9 percent intended to trim employment. The percent intending to remain the same was at 71 in both years.

In next year's first quarter, job prospects appear best in construction, durable goods manufacturing, wholesale and retail trade, information, professional and business services, and government. But employers in nondurable goods manufacturing, finance, education, health services, and other services intend to reduce staffing.

Government jobs have been weak since 2010; construction has been crawling back from a deep hole during the recession. Health services has been one of the strong employment sectors for the past several years.

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2

Don -- read a letter you wrote about low-wage WalMart actually being subsidized by the taxpayers (move the employees onto Medicaid, Food Stamps, etc.)

Obviously, not just WalMart. Many large corporations do this, right? But before we decide this is bad, a question --

Have we actually invented the next evolution of capitalism here? Or a new evolution of socialism, depending on you're point of view? Subsidy by all taxpayers so that large companies can keep selling us stuff at low cost -- because part of what would normally be decent wages & benefits are picked up by all of us? Again, with the benefit to all of us, rich and poor alike, of cheap prices?

Marx & Lenin believed that capitalism would self-destruct. But we sure are inventive... mail order, credit cards, internet sales, and now this... it's better than QE!

Jon Donahue

Dec. 12, 2013

jon404: Good analysis. We have corporate socialism in the U.S., not capitalism. Just look at the local situation: huge subsidies for sports stadiums, hotels, shopping centers, auto dealers and the like. This is repeated throughout California and the nation.

Across the country, states and municipalities pay companies to relocate to their areas. Companies threaten to move and get bribed with a fat subsidy. Corporate welfare (the multi-trillion dollar bank bailout was the most egregious example) costs the nation more money than social welfare.

But what's hilarious is that the business executives raking in this taxpayer largesse are the very same ones saying government is too large, we need more market solutions, free enterprise, etc. And the public seems to swallow such hypocrisy.

American business is opposed to welfare for the needy. It is not opposed to welfare for the rich.

Best, Don Bauder

Dec. 13, 2013

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