News / Economy

US Employers Indicate More Hiring Later This Year

Workers assemble Motorola phones at the Flextronics plant that will be building the new Motorola smart phone "MotoX" in Fort Worth, Texas, Sept. 10, 2013.
Workers assemble Motorola phones at the Flextronics plant that will be building the new Motorola smart phone "MotoX" in Fort Worth, Texas, Sept. 10, 2013.
VOA News
A survey of American employers shows more are inclined to increase hiring from October to December of this year.

Job growth in the U.S. is a key consideration as policy makers at the country's central bank consider next week whether to start trimming stimulative measures they have deployed to boost the economy from the depths of the 2009 recession.

A staffing company, ManpowerGroup, said it questioned 18,000 employers and found that the companies were 13 percent more likely to add workers than to lay off staff. A vice president at the firm, Chris Layden, said it was the most optimistic outlook on hiring in six years.

"Employers indicated elevated confidence in the U.S., with the strongest fourth-quarter hiring intentions since the fourth quarter of 2007," said Layden.

Job growth in the U.S. economy, the world's largest, has been uneven, with the government reporting that hiring has slowed in recent months.

The unemployment rate has dipped to 7.3 percent, a still elevated figure, but the lowest in nearly five years. Nonetheless, it partly has dropped because some unemployed workers have stopped looking for new jobs and are no longer counted in the government's monthly jobless reports.

Layden said the Manpower survey, though, bodes well for U.S. job seekers.

"The strong year-end hiring forecast is good news for U.S. job seekers. Employers are looking at the remaining budget in the last quarter and expected demand, and they make decisions about staff levels," he said. "And according to this survey, they’re inclined to hire at a slightly stronger pace than we’ve seen previously this year."

The central bank, the Federal Reserve, has been buying $85 billion worth of securities a month to boost the economy. But as the U.S. economy steadily improves, albeit at a slower pace than many officials would like, Fed officials say they may begin to trim the asset purchases and end them altogether by mid-2014. The policy makers are meeting in Washington next Tuesday and Wednesday.

You May Like

UN: 1 Million Somalis at Risk of Hunger

Group warns region is in dire need of humanitarian aid, with at least 200,000 children under age of five acutely malnourished as drought hits southern, central part of nation More

Human Rights Groups Allege Supression of Freedoms in Thailand

Thailand’s military, police have suppressed release of independent report assessing human rights in kingdom during first 100 days of latest coup More

Jennifer Lawrence Contacts FBI After Nude Photos Hacked

'Silver Linings Playbook' actress' photos were posted on image-sharing forum 4chan; Federal Bureau of Investigations is looking into matter More

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Ukraine Schools Resume Classes, Donate to Government Forcesi
X
September 02, 2014 12:58 PM
A new school year has started in Ukraine but thousands of children in the war-torn east are unable to attend because of ongoing clashes with pro-Russia rebels. In Ukraine's capital, patriotic education has become the norm along with donations to support injured security forces fighting to take back rebel-held areas. VOA's Daniel Schearf reports from Kyiv.
Video

Video Ukraine Schools Resume Classes, Donate to Government Forces

A new school year has started in Ukraine but thousands of children in the war-torn east are unable to attend because of ongoing clashes with pro-Russia rebels. In Ukraine's capital, patriotic education has become the norm along with donations to support injured security forces fighting to take back rebel-held areas. VOA's Daniel Schearf reports from Kyiv.
Video

Video US Detainees Want Negotiators for Freedom in North Korea

The three U.S. detainees held in North Korea were permitted to speak with foreign media Monday. The government of Kim Jong Un restricted the topics of the questions, and the interviews in Pyongyang were limited to five minutes. Each of the men asked Washington to send a representative to Pyongyang to secure his release. VOA’s Carolyn Presutti has our story.
Video

Video Internet, Technology Offer New Tools for Journalists

The Internet and rapidly evolving technology is quickly changing how people receive news and how journalists deliver it. There are now more ways to tell a story than ever before. One school in Los Angeles is teaching the next generation of journalists with the help of a state-of-the-art newsroom. Elizabeth Lee has this report.
Video

Video Turkmen From Amerli Describe Survival of IS Siege

Over the past few weeks, hundreds of Shi'ite Turkmen have fled the town of Amerli seeking refuge in the northern city of Kirkuk. Despite recent military gains after U.S. airstrikes that were coordinated with Iraqi and Kurdish forces, the situation remains dire for Amerli’s residents. Sebastian Meyer went to Kirkuk for VOA to speak to those who managed to escape.
Video

Video West Africa Ebola Vaccine Trials Possible by Early 2015

A U.S. health agency is speeding up clinical trials of a possible vaccine against the deadly Ebola virus that so far has killed more than 1,500 people in West Africa. If successful, the next step would be a larger trial in countries where the outbreak is occurring. VOA's Carol Pearson has more.
Video

Video Survivors Commemorate 70th Anniversary of Nazi Liquidation of Jewish Ghetto

When the German Nazi army occupied the Polish city of Lodz in 1939, it marked the beginning of a long nightmare for the Jewish community that once made up one third of the population. Roughly 200,000 people were forced into the Lodz Ghetto. Less than 7,000 survived. As VOA’s Kane Farabaugh reports, some survivors gathered at the Union League Club in Chicago on the 70th anniversary of the liquidation of the Lodz Ghetto to remember those who suffered at the hands of the Nazi regime.
Video

Video Cost to Raise Child in US Continues to Rise

The cost of raising a child in the United States continues to rise. In its latest annual report, the U.S. Department of Agriculture says middle income families with a child born in 2013 can expect to spend more than $240,000 before that child turns 18. And sending that child to college more than doubles that amount. VOA’s Deborah Block visited with a couple with one child in Alexandria, Virginia, to learn if the report reflects their lifestyle.
Video

Video Chaotic Afghan Vote Recount Threatens Nation’s Future

Afghanistan’s troubled presidential election continues to be rocked by turmoil as an audit of the ballots drags on. The U.N. says the recount will not be completed before September 10. Observers say repeated disputes and delays are threatening the orderly transfer of power and could have dangerous consequences. VOA correspondent Meredith Buel reports.

AppleAndroid

World Currencies

EUR
USD
0.7537
JPY
USD
103.79
GBP
USD
0.6032
CAD
USD
1.0957
INR
USD
60.522

Rates may not be current.