Although U.S. employers are projecting a slight decline in hiring for the third quarter of 2008, they “are generally not reacting with large-scale payroll reductions,” according to a Manpower Inc. spokesman.

The latest Manpower Employment Outlook Survey conducted quarterly by Manpower Inc. shows that of the 14,000 U.S. employers surveyed, 26 percent expect to increase their workforces during the July - September period, while 10 percent expect to scale back their payrolls. Fifty-eight percent expect no change in the hiring pace, and 6 percent are undecided about their hiring plans. Complete survey results are available here.