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.
TEXT SIZE - +
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

Analysts Warn of Regional Proxy Conflict in Afghanistan

Analysts warn if Kabul’s neighbors do not start to cooperate, competing desires for influence could deteriorate into a bloody proxy war in the country More

Saudi Intelligence Chief Replaced

Bandar bin Sultan came under criticism for supporting al Qaida, prompting King Abdallah to wrest Syria operations away from him in February, handing them to Interior Minister Prince Mohammed bin Nayef More

Poetry Magazine editor Don Share talks what makes a good poem with VOA's David Byrd

What makes a good poem? And is poetry as viable an art form as it once was? To find out, VOA's David Byrd spoke to Don Share, the editor of Poetry Magazine. More

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Google Buys Drone Companyi
|| 0:00:00
...
 
🔇
X
George Putic
April 15, 2014
In its latest purchase of high-tech companies, Google has acquired a manufacturer of solar-powered drones that can stay in the air almost indefinitely, relaying broadband Internet connection to remote areas. It is seen as yet another step in the U.S. based Web giant’s bid to bring Internet to the whole world. VOA’s George Putic reports.
Video

Video Google Buys Drone Company

In its latest purchase of high-tech companies, Google has acquired a manufacturer of solar-powered drones that can stay in the air almost indefinitely, relaying broadband Internet connection to remote areas. It is seen as yet another step in the U.S. based Web giant’s bid to bring Internet to the whole world. VOA’s George Putic reports.
Video

Video Ray Bonneville Sings the Blues and More on New CD

Singer/songwriter Ray Bonneville has released a new CD called “Easy Gone” with music that reflects his musical and personal journey from French-speaking Canada to his current home in Austin,Texas. The eclectic artist’s fan base extends from Texas to various parts of North America and Europe. VOA’s Greg Flakus reports from Austin.
Video

Video Millions Labor in Pakistan's Informal Economy

The World Bank says that in Pakistan, roughly 70 percent work in the so-called informal sector, a part of the economy that is unregulated and untaxed. VOA's Sharon Behn reports from Islamabad on how the informal sector impact's the Pakistani economy.
Video

Video Passover Celebrates Liberation from Bondage

Jewish people around the world are celebrating Passover, a commemoration of their liberation from slavery in Egypt more than 3,300 years ago. According to scripture, God helped the Jews, led by Moses, escape bondage in Egypt and cross the Red Sea into the desert. Zlatica Hoke reports that the story of the Jewish Exodus resonates with other people trying to escape slave-like conditions.
Video

Video Police Pursue Hate Crime Charges Against Kansas Shooting Suspect

Prosecutors are sifting through the evidence in the wake of Sunday’s shootings in a suburb of Kansas City, Missouri that left three people dead. A suspect in the shootings taken into custody is a white supremacist. As VOA’s Kane Farabaugh reports, he was well-known to law enforcement agencies and human rights groups alike.
Video

Video In Eastern Ukraine, Pro-unity Activists Emerge from Shadows

Amid the pro-Russian uprisings in eastern Ukraine, there is a large body of activists who support Ukrainian unity and reject Russian intervention. Their activities have remained largely underground, but they are preparing to take on their pro-Moscow opponents, as Henry Ridgwell reports from the eastern city of Donetsk.
Video

Video Basket Maker’s Skills Have World Reach

A prestigious craft show in the U.S. capital offers one-of-a-kind creations by more than 120 artists working in a variety of media. As VOA’s Julie Taboh reports from Washington, one artist lucky enough to be selected says sharing her skills with women overseas is just as significant.
Video

Video UN Report Urges Speedier Action to Avoid Climate Disaster

A new United Nations report says the world must switch from fossil fuels to cleaner energy sources to control the effects of climate change. The Intergovernmental Panel on Climate Change released the report (Sunday) following a meeting of scientists and government representatives in Berlin. The comprehensive review follows two recent IPCC reports that detail the certainty of climate change, its impacts and in this most recent report what to do about it. VOA’s Rosanne Skirble has the details.
AppleAndroid

World Currencies

EUR
USD
0.7225
JPY
USD
102.27
GBP
USD
0.5953
CAD
USD
1.0982
INR
USD
60.349

Rates may not be current.