Hiring picture gets a little brighter

[spanone]

NEW YORK (CNNMoney.com) -- The outlook for hiring is improving as U.S. businesses continue to report growing demand and increased profitability, according to a survey of leading economists.

In its October industry survey, the National Association of Business Economics said Monday that employment conditions improved in the third quarter to the highest level since the start of the 2008-2009 recession.

Looking ahead, expectations for hiring over the next 6 months rose to the highest level since 2006, according to the survey.

The survey, based on responses from 74 NABE members, also showed that industry demand, corporate profits, business costs and capital spending all strengthened in the third quarter from the second quarter and last year.

William Strauss, an economist at Federal Reserve Bank of Chicago, said in a statement that the survey "confirms that the U.S. recovery from the Great Recession continues, with business conditions improving."


http://money.cnn.com/2010/10/25/news/economy/NABE_survey/index.htm?hpt=T2

[babylonsister]

1. Thanks; very good to read! nt

[madrchsod]

2. a japanese railcar company is building a plant

15 minutes from where i live...300+jobs!

actually employment around here is improving BUT it`s falling short because of the many plant closings.

[TexasObserver]

3. recommend

[Mudoria]

4. Slowly but surely...

The company I work for has a second large building that has been shuttered for over 10 years. Now we expect to see it open within the next year and fully staffed to start production on electric batteries for the auto industry (that Green stuff you know). On the adjacent land a new company just started building to repair and service those trucks that the power companies use to repair the power lines (lift trucks). Things aren't happening as fast as I would like for the unemployed but it's not like anyone could wave a magic wand and instantly create jobs.