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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October 11, 2010

Staffing & Employment News, Redfish October Newsletter

Staffing & Employment News

from the Redfish Technology October Newsletter

C-Level Confidence:

There is growth in hiring in the private sector. The third quarter Vistage CEO Confidence Index survey showed the level of confidence up for the 7th consecutive quarter. Reportedly 46% of CEOs plan to expand their workforce in the 3rd quarter survey, up from 39% a year ago. According to the latest survey by CareerBuilders and USAToday, 21% of employers plan to hire in the fourth quarter. Last quarter 25% of employers reported adding to headcount, and the previous two quarters of 2010 also saw improvements both in sequential and year over year hiring. While a lot of the hiring is for impermanent positions, many employers plan to transition workers to permanent positions. According to the survey, the positions most likely to be hired for contract or temporary staff in the last quarter of 2010 are: IT (27%), Administrative (25%), Engineering (12%), Finance and Accounting (12%), Sales and Marketing (10%), and Creative & Design roles (9%). The American Staffing Association’s staffing index rose to the highest level in two years. Hitting a reading of 100 in the week of Sept. 20th, this is the first time since May 2008 that the index has reached 100. (more…)

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May 5, 2010

Staffing & Employment News – May 2010

   

Staffing & Employment News

From the Redfish Technology May Newsletter.

According to Bloomberg, the growth in corporate profits is an encouraging sign for a V-shaped recovery. The economy is expected to grow at 4% this year, which is up from the 3% prediction derived from a survey of economists earlier this year. This capital will be invested in equipment and hiring according to Joseph LaVorgna, chief U.S. economist in New York at Deutsche Bank Securities Inc. (more…)

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