‘in a survey of bosses, good news for job seekers’

NYT: American companies say they plan to hire. If they do as they say, the unemployment picture will brighten considerably.

In a quarterly survey of chief executives, the Business Roundtable found that 52 percent of companies planned to hire workers in the United States over the next six months, while just 11 percent said they expected to reduce employment.

Never before have so many chief executives said they planned to hire, or so few said they planned to cut payrolls. The survey has been taken every three months since late 2002.

The Business Roundtable includes chief executives of 200 major American companies. If most of them did add workers, that would almost certainly have a substantial effect on employment in the country. Two other broader surveys of companies are taken each month by the Institute for Supply Management. Its survey of manufacturers has been showing more companies planning to increase employment than reduce it since the fall of 2009, and indeed manufacturing employment rose in 2010 for the first full year since 1997, according to the Labor Department.

….In response to another question, 92 percent of the chief executives said they expected increases in sales for their companies, while none said they expected a decline. It was the first time that none of the executives thought sales would decline.

Full article here

3 Responses to “‘in a survey of bosses, good news for job seekers’”

  1. 1 Dorothy Rissman
    April 11, 2011 at 1:01 pm

    This is indeed good news. Just the fact that they are considering hiring more people, increases confidence in the future. yipee.

  2. 3 majii
    April 11, 2011 at 2:26 pm

    This will be good for the PL, frustrai, and firebaggers since they were moaning and groaning about PBO meeting with members of the business community and about Daley and Imelt being a part of his administration. If it were left to them, we’d be in a second recession because they abhor reaching out to opponents, and the word compromise is just as hated by them as it is by the far right.

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