NEW YORK – Economists say the U.S. recovery continued during the second quarter of this year with more businesses hiring workers and fewer cutting jobs, but the pace of growth has slowed, a new survey shows.
The National Association for Business Economics said its latest survey, released Monday, found 31 percent of businesses added workers between April and June, the highest level in three years. And 39 percent of those surveyed say they expect to hire more workers over the next six months — the most since January 2008. Manufacturers reported the strongest increase in demand and profitability. Finance, insurance and real estate sectors saw the slowest growth.
Answer by lovinangels at 1:30 PM on Jul. 19, 2010
Answer by waldorfmom at 2:27 PM on Jul. 19, 2010
The republicans are stopping it from happening.
Nice.... Did you get that straight from a liberal blog? Or are you fully aware of ALL the facts surrounding the issue??? Wasn't it Democrats who insisted on offsetting budget cuts for any spending? What was that called? hrmmmmm, what was the name of that law.... Ohh yea, Paygo... Why the hell did Democrats pass paygo, if they are NOT going to use it? Are you ok with this common practice of Democrats to go AGAINST their own policy? At what point do YOU think politicians should be held accountable to their OWN POLICIES?
Answer by grlygrlz2 at 2:33 PM on Jul. 19, 2010
Answer by NotPanicking at 2:22 PM on Jul. 19, 2010
I agree somewhat, but see this as a VERY long journey and the current administration is only making it worse... All this spending. Confidence is low in the consumer and business sector. So much looming over businesses and taxpayers heads with health care, possible cap and trade, possible more taxes, etc..... There is no sense of economic security... The Federal Government is growing at a rapid rate with little accountability and oversight.... It will only start to get better when the government leads by example and controls spending, stops with the policy threats of health care, taxes, cap and trade, etc..... jmo
Answer by grlygrlz2 at 2:40 PM on Jul. 19, 2010
Answer by LoriKeet at 3:49 PM on Jul. 19, 2010
Like i said in another post, you have some economists saying we're headed towards a double recession, while others believe that things are getting better. I choose to believe neither, of course i always hope for the best & not focus on the negative too much. I refuse to fall into either belief. It's just weird to me that so many experienced economists are saying totally opposing things. It makes me wonder who is getting paid to say what...
Answer by samurai_chica at 1:38 PM on Jul. 19, 2010
Answer by grlygrlz2 at 3:10 PM on Jul. 19, 2010
Answer by NotPanicking at 7:36 PM on Jul. 19, 2010
Answer by sati769leigh at 1:27 PM on Jul. 19, 2010