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Survey says Iowa employers optimistic on job growth

A report from an employment selection company say that Iowa employers are somewhat optimistic about job growth in the near future.  The report focused on small and medium sized businesses.

According to the website of the company, Hamilton Associates, a summary of the findings are as follows:

  • Optimism up
  • Planned layoffs at their lowest level in four quarters
  • More mid-level hiring will lead to increased payrolls
  • Hiring authorities still cautious for many reasons

The Hamilton Hiring Survey results for the second quarter of 2012 indicate that Iowa employers’ optimism continues to improve.

The company asked 5,000+ small- and medium-sized employers about their sense of optimism for industry job growth in the next quarter. Results showed that 55% of the respondents were either somewhat or very optimistic.

This is up from 47% in the first quarter of 2012, and is at its highest point in the last year. “We are seeing small- and medium-sized business hiring optimism rising across most industries and geography in the state,” Hamilton Group President and staffing expert, Tom Hamilton said. “This is a positive sign that job growth is building momentum into the second quarter.”

Key Findings:
• 55% of Iowa employers were either somewhat or very optimistic re: job growth for the next quarter
• More mid-level hiring will lead to increased payrolls
• 9% of new jobs will be at a senior level
• 3% of respondents plan to reduce their work force – the lowest level in four quarters
• Pessimism was highest among smaller employers

To read the full report and download your own copy, visit Hamilton’s Current Report page.

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