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HIGH PROFILE NETWORK OF CEOS EXPECT COMPANIES TO BE HIRING SOON

4/4/2012

 
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The Business Roundtable Network (BRN), an association of CEOs of leading companies in the United States, published the results of their First Quarter 2012 member survey. Since these companies encompass nearly 30 percent of the total valuation of the U.S. stock market, involve more than $6 trillion in annual revenues, and are responsible for employing 14 million people, it makes sense to hear about the survey results.

Jim McNerney, who is both the Chairman of BRN and Chairman, President and CEO of The Boeing Company thinks that despite obstacles such as the future growth in Asia and uncertainty of the U.S. political position, which pose a threat, the economy has potential for improvement. 

The recent BRN survey asked the member CEOs how optimistic they were about the next half of the year in regard to first quarter results. When asked how they would expect their company’s U.S. employment to change in the next six months, nearly half of the 128 CEO respondents indicated that they expected hiring to increase. 

The BRN survey also indicated that these executives expected an upturn in sales and capital spending over the next half of the year. More sales growth means more economic stability and, hopefully, translates to an improved job market for the U.S. workforce.

Not all first quarter results from manufacturing companies are tallied. Some companies, like AK Steel Holding Corporation in West Chester, Ohio, will not publish their first quarter 2012 earnings until late April. Others, such as Omnova Solutions, Fairlawn Ohio, has already released its earnings report showing assets up slightly over first quarter the previous year. Recovery in some industries may still prove sluggish, but overall, the sun is peeking over the horizon.

Good news for job-seekers

Why not take advantage of the upswing in the job market? Take a few seconds to register with Time Staffing, Inc. Besides keeping you up to date on the latest issues in employment, we’re also recruiting talented individuals to fill our ongoing open positions. Getting to know you, your needs and goals is important to us because we take pride in matching the right people with the right jobs. 
Time Staffing, Inc. is also active in your community resource and civic organizations. Our involvement permits us the opportunity to network with experts and be in the lead to learn of new hiring needs. Access our current open positions and check frequently, especially with the predicted increase in available jobs over the next quarter. 

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