Employment Outlook Is Positive In New Survey »
Posted By TimALoftis 2 months ago in Business & FinanceNEW YORK (CNNMoney.com) -- In another sign of economic recovery, U.S. companies are planning to hire and invest more in the near future, according to a survey released Monday.
The National Association for Business Economics said the number of employers planning to hire workers over the next six months exceeded the number expecting job cuts for the first time since the recession began in December 2007.
The survey of 78 NABE members also showed more companies increased capital spending during the third quarter of 2009 than cut spending. It was the first time that happened since October 2008.
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TimALoftis
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TOD3962 months ago
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FTA: NABE said job losses "appear to be slowly abating" with the percentage of firms cutting payrolls falling to 31% in the quarter from 36%. The percentage of firms adding jobs doubled from an all-time low of 6% to 12% in October. (See the best jobs in America)"
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This translates into a third of companies polled say they are still going to layoff people, while 1/8th of companies polled plan on hiring.
Sorry, but if I am the guy working for the companies in that 33 percent bracket, this economy still sucks. -
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TOD3962 months ago
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In simpler terms, EMPLOYMENT OUTLOOK IS NOT POSITIVE
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When more people are losing their jobs than those who are getting jobs, it is not positive, no matter how you spin it. Less negative, not as bad as it could be, maybe, but definitely not positive. -
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