Only 11 percent of employers to expand workforce

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Monday, January 09, 2012

One third of employers plan to hire within the next six months, but only 11% plan to increase their workforce, according to the Oregon Employment Department.

The largest number – 19 percent – plan to hire due to anticipated employee turnover. Normal seasonal hiring patterns account for another 9 percent, the department says.
In addition, 14 percent of employers expect their payrolls to shrink and two-thirds of companies anticipate no change in their current employment level within the next six months.

Read more at The Portland Tribune.

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