Chief Executives? Confidence Surges

[Ferocious]

Employment Outlook Turns Bullish

Half of all CEOs anticipate an increase in employment levels in their industry, up significantly from less than 16 percent a year ago. The proportion of CEOs anticipating a decrease fell dramatically to less than 12 percent from about 47 percent in the first quarter of 2003.

Health care costs remain the major obstacle to hiring new workers. Regulation and litigation costs were of less concern, while fringe benefits and wage and salary costs remain of minimal concern to CEOs when hiring new workers.

Yes. Where I work health care costs are by far the most prohibitive factor when it comes to hiring anyone at all. The foreign competition generally have a significant cost advantage in this regard.

(See I don't always post gloom and doom. 😉😛)

cautiously good news

 

[Corn]

I do believe you've just become a "P&N Expert" thug. 😉

 

[CADsortaGUY]

Originally posted by: Corn
I do believe you've just become a "P&N Expert" thug. 😉

Yes, another to fill the ranks with us "minions" 😛

Anyway - this most definately is good news - especially when coupled with the multitude of other indexes and economic news.

CkG

 

[chess9]

Ferocious:

I hope you are right, but will real wages start to rise at least to the rate of inflation? We'll see.

Also, the market is up yet again today. Maybe we'll hit 11K before the end of the month. 🙂

-Robert

 

[Tom]

Surge would be a good name for Cialas.

 

[BaliBabyDoc]

Is it possible that the most bullish CEOs anticipate shifting jobs (and generating new ones) somewhere other than the US? That's great news for American CEOs, major stockholders, and ambitious people in China, India, Pakistan but it probably sux for the typical American.

Is it possible that the most bullish CEOs anticipate highering more temporary and contract workers? Additional employment opportunities are good news . . . while more people without health insurance is not.