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Peacetrain Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-26-09 09:21 AM
Original message
Survey: Hiring, spending pickup seen in next 6 mos...
I know locally, hiring at stores like Target and K Mart is being advertised. Last year there was no additional seasonal hiring in those stores..

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http://news.yahoo.com/s/ap/20091026/ap_on_bi_ge/us_nabe_survey

AP

By BETSY VERECKEY, AP Business Writer Betsy Vereckey, Ap Business Writer – 2 hrs 47 mins ago

CHICAGO – Results from a new economic survey may ease concerns about rising unemployment and its effect on consumer spending, as forecasters say more employers appear willing to hire in the coming months.

The latest quarterly survey from the National Association for Business Economics, set for release on Monday, shows that unemployment is moderating. It also signals an improved hiring outlook over the next six months, which may help alleviate worries that the nation's unemployment rate will continue to jump and constrict consumer spending, the main driver of the U.S. economy.

The jobless rate currently stands at 9.8 percent and is estimated to rise above 10 percent this year or early next year. But William Strauss, a senior economist for the Federal Reserve Bank of Chicago, said that companies appear more willing to hire employees.

"Job losses have been moderating with an improved outlook for hiring over the next six months," Strauss said.
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vaberella Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-26-09 09:37 AM
Response to Original message
1. I'm hoping this will be the case. I'm hoping the unemployment rate will go down. n/t
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Peacetrain Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-26-09 10:03 AM
Response to Reply #1
3. Me too.. I know the lagging indicators are usually employment
But those lagging indicators are living breathing human beings in need of help..
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Pirate Smile Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-26-09 09:58 AM
Response to Original message
2. I've seen a lot of help wanted signs. I've also got some condos and a drugstore being built in my
neighborhood, along with a bunch of road construction. I've thought things seem to be picking up quite a bit for the past month or so. My work, which had been practically dead since last fall, has picked up too.

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Peacetrain Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-26-09 10:04 AM
Response to Reply #2
4. This was great to see the local stores hiring again
Hopefully it will be just he beginning.. Lots of activity that is for sure.. and the signs are up showing the recovery act in process.. and those are good paying jobs!!
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Raine1967 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-26-09 10:12 AM
Response to Original message
5. After 8 months my husband was hired!
it is going to require that we relocated to the DC area from Atlanta -- but he was hired!!!
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Pirate Smile Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-26-09 10:13 AM
Response to Reply #5
6. Awesome! Congratulations.
:toast:
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Peacetrain Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-26-09 10:14 AM
Response to Reply #5
7. WOO HOOO
That is great news...
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Kind of Blue Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-26-09 10:55 AM
Response to Reply #5
9. That's Great news!
Congratulations! I'm hope you find a lot of happiness there. I miss DC during the fall and the cherry blossoms in the spring.
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Peacetrain Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-26-09 10:16 AM
Response to Original message
8. Self serving link to good news in green jobs arena
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Cha Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-26-09 05:20 PM
Response to Reply #8
13. Au Contraire..Serving the
Planet:bounce: Thank you, Peacetrain~
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Garam_Masala Donating Member (711 posts) Send PM | Profile | Ignore Mon Oct-26-09 11:35 AM
Response to Original message
10. even if those are all minimum wage jobs?
Minimum wage must be tied to inflation.
Inflation is about to go parabolic.
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Peacetrain Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-26-09 02:28 PM
Response to Reply #10
11. You are not getting it... Last year, there were ZERO jobs during the holidays
Edited on Mon Oct-26-09 02:30 PM by Peacetrain
predicting the massive fallout that almost swamped us.. yes these are sales jobs, but it also means that the economy is starting to get steam back into it, and job creation beyond that.

Edit to add, you are quite tasty in my chickpeas and potatoes... ;)
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Garam_Masala Donating Member (711 posts) Send PM | Profile | Ignore Mon Oct-26-09 05:18 PM
Response to Reply #11
12. I am happy to see YOU get it
how tasty I am in your vindaloo :pals:
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Peacetrain Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-27-09 08:40 AM
Response to Reply #12
15. Marvelous but I have a great secret
Cream Cheese in stead of yogurt in the sauce... seriously.. oh my GOD.. rich rich rich.. :pals:
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Aramchek Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-26-09 05:44 PM
Response to Original message
14. Obamanomics at work...
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TomCADem Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-27-09 02:35 PM
Response to Original message
16. K & R
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