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Thread: U.S. Companies Show Broad Recovery as Hiring Pace Surges

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    U.S. Companies Show Broad Recovery as Hiring Pace Surges

    A family-run concrete business in Michigan, the U.S.’s second-biggest carmaker, the largest railroad and a solar power provider in California are all hiring as industrial companies lead a broad labor-market rebound that’s on pace to add the most jobs in 15 years.

    Employment may be headed for a “breakout year” as companies feel more secure adding to payrolls following several years of demand rising only to stumble on threats from U.S. budget standoffs, a debt-ceiling induced default and a European credit crisis, said Marisa Di Natale, a director at Moody’s Analytics.
    So long as Republicans don't start with the whole shutdown meme, America should start seeing some serious improvements.

    Industries from construction to autos to oil and gas are increasing jobs as growth accelerates after a harsh winter stunted business. As some sectors, such as floor retail sales, have yet to rebound and wages have been kept in check, the recovery is likely to be a steady climb rather than a boom, according to Jeffrey Joerres, executive chairman of Milwaukee-based staffing company Manpowergroup Inc. Nonfarm payrolls may rise by 215,000 in June, which would mark a fifth straight month of increases topping 200,000, according to the median of 89 economists’ estimates ahead of the Labor Department’s monthly employment report on July 3. That also would be the longest streak of monthly gains since September 1999-January 2000.
    Gotta love good news... right?
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    Re: U.S. Companies Show Broad Recovery as Hiring Pace Surges

    Gotta have jobs for those amnestied illegals to do eventually.

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    Re: U.S. Companies Show Broad Recovery as Hiring Pace Surges

    Quote Originally Posted by Tettsuo View Post
    So long as Republicans don't start with the whole shutdown meme, America should start seeing some serious improvements.



    Gotta love good news... right?
    Maybe we should wait until it actually happens before we start the party. It's not like these kind of predictions haven't been made before. Of a more longterm view, lets see if the GDP recovered in the 2nd Quarter.
    Only a fool measures equality by results and not opportunities.

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    Re: U.S. Companies Show Broad Recovery as Hiring Pace Surges

    Quote Originally Posted by DVSentinel View Post
    Maybe we should wait until it actually happens before we start the party....
    We shouldn't have to wait too long, a fair amount of economic news should be coming out this week. What we've seen so far is positive, namely: auto sales and retail store sales are both up and above estimates, probably due to pent-up demand from the crappy Q1.

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    Re: U.S. Companies Show Broad Recovery as Hiring Pace Surges

    The endless theme of nonsense threads such as this is always "America would be doing great economically if only Republicans would stop noticing that it wasn't."

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