Are Businesses Hiring?

September 27th, 2009 by admin


Are Businesses Hiring?

The outlook for private sector employment is certainly uneven across the country with a state like Michigan having a very difficult time.  But are things better or worse since the depths of the recession?  No one knows.  If they say they do, they are not telling the truth.  Businesses polled indicate confusion about whether to hire or not.  Most indicate that they are neither hiring or laying off workers.  For those who have increased business, there is some interest in adding temporary workers or outsourcing the new work rather than hire permanent staff.

Some businesses are beginning to be impacted by the federal stimulus money that is beginning to flow into the economy.  When those funds are exhausted over the next 5-6 quarters, will the economy be strong enough to remain stable or will there be a another downturn?   Businesses also are uncertain about new local and state taxes as federal money propping up governments this year runs out and property owners begin to challenge their assessments because home prices have declined so much and  commercial real estate  in the retail sector is struggling.  Another unknown is their future employee health insurance costs with health care reform legislation on the horizon.

For those interested in private sector employment, my recommendation is to search for a job below your previous salary range with a company who’s  stock is rated as a strong “buy”  by a consensus of security analysts.   Prove yourself by working extra hours and look for internal promotional opportunities even if you need to relocate.

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2 Responses to “Are Businesses Hiring?”

  1. Comment by Randy Nichols

    I found your site on technorati and read a few of your other posts. Keep up the good work. I just added your RSS feed to my Google News Reader. Looking forward to reading more from you down the road!

  2. Comment by Stacey Derbinshire

    A friend of mine just emailed me one of your articles from a while back. I read that one a few more. Really enjoy your blog. Thanks