Woodland, Wash. – An overwhelming majority of business leaders, who surveyed in a new Express Employment Professionals poll, don’t expect a recession within the next six months, despite increased media focus on the possibility of an upcoming downturn. Here are the results of the survey from the Woodland staffing company.
In the survey, just 4% expect a recession in the next three months, while 14% expect one in three to six months. Nearly one-third (31%) predict a recession in six months to one year.
More than one-third (36%) expect a recession in one year, and 41% say a recession is likely two years away.
Q4 Outlook
Compared to the last quarterly survey, slightly more respondents now expect a recession in less than two years.
Q3 Outlook
In addition, only 5% of respondents say they live in an area that is currently in recession.
“The people we talk to don’t see a recession any time soon,” said Bill Stoller, CEO of Express. “There are some signs of an overall slowing of the economy—but a slowdown and a recession are two different things. Right now, the job market is strong. So, the most important thing is not to let our fears launch a recession.”
About the Survey
In August 2019, Express Employment Professionals surveyed 802 business owners, decision makers and human resource professionals about the overall national hiring trends in the market today and how their business is impacted. Respondents are current or former Express clients.
The provider of Woodland jobs near me is located at 115 Davidson Avenue Ste D, Woodland, WA 98674 and serves the Woodland, La Center, Ridgefield, Kalama, Amboy and Cougar areas. Local businesses and applicants are encouraged to stop by, visit www.ExpressCowlitzCounty.com or call (360) 225-0700.
Express Employment Professionals in Woodland, WA, is a locally owned and operated staffing agency that provides employment to local job seekers and offers recruiting and placement services to local businesses.
Express Employment Professionals
131 Davidson Ave. Ste BB
Woodland, WA 98674
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