More employers expect to add workers in 2011

Published online: Dec 31, 2010 News Trade Only Today
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More firms said they plan to hire full-time, permanent workers in 2011 than did this year, but wage growth likely will remain modest, according to data released Wednesday by job site CareerBuilder.com.

Almost one-quarter of employers - 24 percent - said they plan to hire full-time, permanent workers in 2011. That compares with 20 percent this year and 14 percent in 2009, according to CareerBuilder.com's survey in late November of more than 2,400 hiring managers and human-resource professionals, MarketWatch reported.

With an unemployment rate of 9.8 percent and weak job growth, it may seem improbable that more employers plan to add workers. But recent data point to continued, though modest economic growth into 2011.

Seven percent of employers said they plan to decrease workers in 2011, down from 9 percent this year and 16 percent last year, according to the survey. Meanwhile, 58 percent expect no change in the level of staff, and 11 percent are unsure.

Earlier in December, Manpower, a Milwaukee-based employment-services firm, reported that employers' hiring plans for the coming first quarter are "the most promising" they've been in more than two years on a seasonally adjusted basis, according to MarketWatch.

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