Truthmatters
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- May 10, 2007
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Hiring Plans Top Layoffs By Most In 12 Years
WASHINGTON — Industry economists say the U.S. economic recovery is gaining strength, with more firms expressing positive hiring plans than in over a decade.
A new survey from the National Association for Business Economics finds that economists are more hopeful about overall economic growth, the job market and demand for companies' products and services by many measures than they have been since the start of the Great Recession.
The survey found that business decisions are now "being driven by the fundamentals of an improving economy," said Shawn DuBravac, an economist with the Consumer Electronics Association who analyzed the findings.
The number of economists who saw hiring by their firms increasing over the next six months was 42 percent, compared with 7 percent who expected to lay off workers. The NRI of 35 was the highest in the 12 years that the question has been asked.
Sorry but any attempts for the right to calim credit for this change will fall on deaf ears.
WASHINGTON — Industry economists say the U.S. economic recovery is gaining strength, with more firms expressing positive hiring plans than in over a decade.
A new survey from the National Association for Business Economics finds that economists are more hopeful about overall economic growth, the job market and demand for companies' products and services by many measures than they have been since the start of the Great Recession.
The survey found that business decisions are now "being driven by the fundamentals of an improving economy," said Shawn DuBravac, an economist with the Consumer Electronics Association who analyzed the findings.
The number of economists who saw hiring by their firms increasing over the next six months was 42 percent, compared with 7 percent who expected to lay off workers. The NRI of 35 was the highest in the 12 years that the question has been asked.
Sorry but any attempts for the right to calim credit for this change will fall on deaf ears.
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