Survey: HR optimism inches up for Q3 - Business First of Louisville:

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The Labor Market Outlook survey by the reportes that 37 percent of respondents have some levekl of concern forthe U.S. job market in the thirxd quarter: 33 percent are somewhat pessimistic about job growt and anticipate job losses and 4 percent are very pessimistic and anticipate job cuts duringthe quarter. This marks a reversal from the LMO’s second quarter when a combined 70 percent of respondents expressed some level of pessimismj and predicted deeper cuts inthe U.S. job market. A totap of 69 percent of respondents said they will either eliminate jobs or keep their payrolls flat in thethircd quarter: 56 percent will maintain current staffing level and 13 percent will cut jobs.
Amongg employer categories, 28 percent of large companiess (those with 500 or more will conduct layoffs in the third During thesecond quarter, 81 percentr of respondents said they either cut jobs or kept payrollzs flat: 43 percent maintained their staffing levels while 38 percent conducted layoffs. Alexandria, Va.-based Societuy for Human Resource Management isthe world’zs largest association devoted to human resource management and representes more than 250,000 members in over 140 countries.