B.R. employment outlook best in country

The Baton Rouge metro area's employment outlook for the first quarter of 2011 is the best in the country, according to Manpower Inc.'s Employment Outlook Survey, which also forecast Louisiana to have the best hiring prospects in the nation. From January 2010 to March 2010, the Employment Outlook Survey indicates employers in the Baton Rouge area will hire at an "active pace." About 22% of companies surveyed say they intend to hire more employees, while just 4% expect to reduce payrolls. This yields a "Net Employment Outlook" of +18%, by Manpower's calculations. About 21% of Louisiana employers say they expect to hire in the coming months, compared to the U.S. average of 14%. Additionally, just 7% across the state expect to reduce their payrolls—significantly less than the U.S. average of 10%. That puts Louisiana's "Net Employment Outlook" at +14%, and the national outlook at about +4%.

In the New Orleans-Metairie-Kenner area, 20% of companies expect to hire more employees and 10% plan to reduce payroll—equating to a +10% "Net Employment Outlook." The Employment Outlook Survey reached out to more than 18,000 employers in the U.S. It is conducted quarterly to measure employers' intentions to increase or decrease the number of employees in their workforces during the next quarter. The survey has been conducted since 1962.