jbooma Posted June 15, 2004 Share Posted June 15, 2004 http://www.msnbc.msn.com/id/5214916/ Survey finds employers gearing up to add jobs Updated: 7:24 a.m. ET June 15, 2004NEW YORK - U.S. companies are gearing up to create jobs at rates not seen since the height of the 1990s boom, a survey released Tuesday showed, adding to evidence that job growth will keep the U.S. economic recovery rolling. Following two months of strong government payroll reports, the survey is a boon to President George W. Bush in the run-up to elections and will likely confirm expectations that the Federal Reserve will raise U.S. interest rates at the end of June as it moves to beat off emerging inflation. Thirty percent of polled U.S. employers plan to add to their payrolls in the July to September period, the survey by Manpower Inc. showed. That is up from 20 percent a year earlier and 28 percent in the April to June period. The survey hit its highest level of 35 percent in 2000, powered by the Internet-fueled boom. Far fewer companies now plan to lay off employees, the survey showed, making the net year-over-year increase in employers planning to create jobs the largest in the history of the Manpower survey, which was started in 1976. The survey, by the world No. 2 staffing company, polls 16,000 U.S. employers and is adjusted for seasonal spikes and dips. It is monitored by many economists for indications on corporate hiring sentiment. "It is at levels that were in place pre-recession," Manpower Chief Executive Jeffrey Joerres said in a telephone interview. "As more stability is occurring in demand, they (companies) look at their future saying, 'I am feeling good.' They have gotten off the fence to start hiring." The survey comes as job-growth begins to catch up with U.S. economic expansion, scotching talk of a 'jobless recovery' and bolstering Bush's claims that his policies create jobs, a key election battleground. U.S. employers added a larger-than-expected 248,000 jobs in May, according to the Labor Department, following 346,000 in April and 353,000 in March. The 947,000 jobs created in the March-May period make it the strongest three-month stretch in four years. The solid rate of job creation also makes it more likely that the Fed's policy-makers will ratchet up U.S. interest rates from current 1958 lows when they meet June 29-30. The quick change in employers' outlooks comes as demand surges for products and services. The percentage of companies that do not foresee changes in their workforce fell to 59 percent from 65 percent a year earlier and 62 percent in the second quarter. The percentage of employers intending to shrink their workforce fell to 6 percent from 9 percent in the year-earlier quarter, unchanged from the second quarter. "If you look at the overall atmosphere, we still have geopolitical issues, we have an election year," Joerres said. "But companies are looking at their own business and saying, 'even with the noise I have to do something to expand my business."' Link to comment Share on other sites More sharing options...
Kilmer17 Posted June 15, 2004 Share Posted June 15, 2004 It's a jobless recovery. Link to comment Share on other sites More sharing options...
Duncan Posted June 15, 2004 Share Posted June 15, 2004 Originally posted by Kilmer17 It's a jobless recovery. No Kilmer, that doesn't work anymore. You need to say they are burger flipping jobs. Link to comment Share on other sites More sharing options...
Riggo-toni Posted June 15, 2004 Share Posted June 15, 2004 More McJobs.... and people working for the evil empire... Wal-Mart. Link to comment Share on other sites More sharing options...
chiefhogskin48 Posted June 15, 2004 Share Posted June 15, 2004 I love our economy. So long as we keep regulation and taxes low, staying at the technological and competitive forefront, we are an unstoppable force. Our real GDP will double every 20-25 years. Link to comment Share on other sites More sharing options...
The Wicked Wop Posted June 15, 2004 Share Posted June 15, 2004 I'm just waiting for Thew to chime in before I respond. Link to comment Share on other sites More sharing options...
jbooma Posted June 15, 2004 Author Share Posted June 15, 2004 Originally posted by The Wicked Wop I'm just waiting for Thew to chime in before I respond. :laugh: and a slew of others as well Link to comment Share on other sites More sharing options...
@DCGoldPants Posted June 15, 2004 Share Posted June 15, 2004 Like me? tell you what. Lets make a deal. When the headline changes from "Survey finds employers gearing up to add jobs" to "Survey finds employers adding jobs" Lets talk. Do the lifeguards with their summer jobs count? Link to comment Share on other sites More sharing options...
jbooma Posted June 15, 2004 Author Share Posted June 15, 2004 Originally posted by Rock-Bufford Do the lifeguards with their summer jobs count? I don't think that this is referring to lifeguards:doh:: U.S. employers added a larger-than-expected 248,000 jobs in May, according to the Labor Department, following 346,000 in April and 353,000 in March. The 947,000 jobs created in the March-May period make it the strongest three-month stretch in four years. This survey is done by large companies not mom and pop establishments. Link to comment Share on other sites More sharing options...
Kilmer17 Posted June 15, 2004 Share Posted June 15, 2004 Do the lifeguards with their summer jobs count? Only if they make more than 90k per year. That way the Dems can tax them into the poorhouse again. Link to comment Share on other sites More sharing options...
@DCGoldPants Posted June 15, 2004 Share Posted June 15, 2004 I was joking about the lifeguards. Its good news for the working people. Lets see if it comes true. Link to comment Share on other sites More sharing options...
Cskin Posted June 16, 2004 Share Posted June 16, 2004 Nothing to see here... no jobs in America... keep moving... nothing to see here. Link to comment Share on other sites More sharing options...
OaktonSkins/BushFan Posted June 16, 2004 Share Posted June 16, 2004 Originally posted by Rock-Bufford Like me? tell you what. Lets make a deal. When the headline changes from "Survey finds employers gearing up to add jobs" to "Survey finds employers adding jobs" Lets talk. Do the lifeguards with their summer jobs count? Hyperbole anyone? Served fresh at Rock-Bufford's every night. Link to comment Share on other sites More sharing options...
thew Posted June 16, 2004 Share Posted June 16, 2004 Wow. this is great news... Bad news for Kerry though. He's just about to whoop up on George Bush for being an incompetent who has shrunk the job base by 1.5 million private sector jobs, down from three million jobs lost earlier in the Bush administration. On Pace for being the First President since HERBERT HOOVER and the GREAT DEPREASION to actually have a net loss of jobs over a four year term and ZOOM BOOM BANG.... ALL the Sudden out of the blue.. Like mana from heaven.. Like calvary coming over the hill, who could have predicted it? More jobs.. no... The pomise of more jobs.. no... An article about a promise of a promise for more jobs...Excellent!!....... YEAHHHHHH!!!! I believe it too.. I really do... I would never have predicted that Bush would try to pre-empt the fact that he's an incompetent boob who've presided over the loss of a million and a half jobs with the promise of a promise for more jobs... That will work, really it will..... I'm already feeling kind of tipsy and jovial about 4 more years of Bush... Yea you guys. Did you happen to catch the congressional report about jobs and China which came out today? Now that's some news I thought you boys would be sinking your teeth into... what with the congress being a majority of Republicans!! When the headline changes from "Survey finds employers gearing up to add jobs" to "Survey finds employers adding jobs Tell you what. When the Bush administration actually goes to a net positive job creation of say 2 jobs then you can celebrate. Economy created 11 million jobs under Clinton in his first term, but you can set the bar down to two jobs for Bush first and only term. Not sure anybody in the country will be celebrating with you though but If.... If George goes net positive 2 you can break out another package of chalk for all your cave drawings, perhaps we'll let you sacrifice a chicken or something..... Link to comment Share on other sites More sharing options...
NavyDave Posted June 16, 2004 Share Posted June 16, 2004 Hmm this cant be right Kerry was talking about the lack of jobs Then he said inflation and higher interest rates are coming even tough Greenspan said inflation is low and there is no reason for a hike in the interest rate today. So apparently Greenspan doesnt know what he is talking about Link to comment Share on other sites More sharing options...
TC4 Posted June 16, 2004 Share Posted June 16, 2004 But hark, how can there be NEW JOBS? John Kerry says the economy is bad, and he wouldn't lie, would he? Link to comment Share on other sites More sharing options...
thew Posted June 17, 2004 Share Posted June 17, 2004 The DOW closed down -0.01% today. I guess they agreed with me and discounted this report..... On a darker note for the administrations new found pride in their econmic planning today it was release by NPR that 28% of the new jobs created since May have gone to undocumented/illegal workers. At least one advocacy group for these folks came out with a press release saying that if Bush gives them the vote they will certainly vote for him. His economic policy's have been a boom for their comunity.... So maybe their is hope for bush in 2004.... NOT! Link to comment Share on other sites More sharing options...
Duncan Posted June 17, 2004 Share Posted June 17, 2004 A Reaganite would be happy about the best job growth in 4 years and not write a sniveling little response about the great depression. Link to comment Share on other sites More sharing options...
jenmdixon Posted June 17, 2004 Share Posted June 17, 2004 Good, glad to hear it, maybe the people being laid off by Sprint'll find jobs right quick then. Link to comment Share on other sites More sharing options...
chiefhogskin48 Posted June 17, 2004 Share Posted June 17, 2004 Let's hope I'm one of the jobs added. Anyone in need of a research associate, I'll have my resume to you in a heartbeat. When my name comes up for season tickets, I'll have to have some way of paying for 'em after all. Link to comment Share on other sites More sharing options...
jbooma Posted June 17, 2004 Author Share Posted June 17, 2004 Originally posted by thew The DOW closed down -0.01% today. I guess they agreed with me and discounted this report..... then again you wouldn't think because it ended very high the other day and people will selling their stocks for a profit now would you :doh: Link to comment Share on other sites More sharing options...
@DCGoldPants Posted June 17, 2004 Share Posted June 17, 2004 Originally posted by chiefhogskin48 Let's hope I'm one of the jobs added. Anyone in need of a research associate, I'll have my resume to you in a heartbeat. When my name comes up for season tickets, I'll have to have some way of paying for 'em after all. what's your field? I work for a Biotech company in Montgomery County. Link to comment Share on other sites More sharing options...
jbooma Posted June 17, 2004 Author Share Posted June 17, 2004 Originally posted by Rock-Bufford what's your field? I work for a Biotech company in Montgomery County. now we all should be scared Link to comment Share on other sites More sharing options...
@DCGoldPants Posted June 17, 2004 Share Posted June 17, 2004 be very scared. My work in respiratory viruses for infants and young children along with a cancer drug that blocks your healthy cells during chemotherapy and radiotherapy is my own brand of EVIL! BOW BEFORE ME! :allhail: Link to comment Share on other sites More sharing options...
Cskin Posted June 17, 2004 Share Posted June 17, 2004 Donna Brazil, Gore's campaign manager, was on Matthews or Russert last week and said this is the worst economy since the Depression. Any jobs being realized now are bad jobs. Huh? Ok.. Donna... whatever you say. "Here's your sign." Link to comment Share on other sites More sharing options...
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