February 9, 2011

Bernanke Weighs In, CEOs Too – Growing Optimism on the Hiring Front

Bernanke Weighs In, CEOs Too

Growing Optimism on the Hiring Front

The Los Angeles Times reported today that:

The Fed chief also gave a somewhat more positive assessment of the employment situation, after last Friday’s report showing the nation’s unemployment rate falling to 9% last month from 9.4% in December and 9.8% in November.

He said: “Notable declines in the unemployment rate in December and January, together with improvement in indicators of job openings and firms’ hiring plans, do provide some grounds for optimism on the employment front [1].

In spite of this week’s conflicting short term data, we should be celebrating that the U.S. unemployment rate dropped unexpectedly to a low unseen since April 2009: 9%. Better yet, numerous surveys and CEO reports are optimistic: the outlook for 2011 is to refocus on innovation, competition, and hiring [2].

Redfish Technology reports surging demand in Software as a Service and Cloud Computing as well as Solar and Clean Tech companies, “From VP of Sales in high tech positions to PV Project Engineers, (more…)

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December 17, 2010

Optimism about Growth and Employment Evidenced in Recent Reports, Surveys

Optimism about Growth and Employment Evidenced in Recent Reports, Surveys

CEOs and NFIB surveys show growing optimism: higher sales anticipated, plans for hiring and capital expenditures.

Jobless Claims

New unemployment claims continued to decrease reaching an anticipated 420,000 this week. The four-week moving average has improved for the sixth week in a row and continuing unemployment claims also have come down, a good sign of payroll growth. (more…)

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