Stock market, and economy, at any point in time are unfathomable IMHO. Among plethora of conflicting news, it is a challenge to understand the true state of affairs. Plus majority of us are biased. A Bull is always on a lookout for good news. This blog is for Bulls- where only those news are posted which strengthen Bullish outlook. If a Bear stepped into this Bull territory by mistake, he should get out and visit a field dedicated to Bears: http://for-bears.blogspot.com
Thursday, October 29, 2009
More employers are becoming optimistic about putting new people on the payroll over the next six months
Survey signals new hiring by U.S. employers
More employers are becoming optimistic about putting new people on the payroll over the next six months, a survey by the National Association for Business Economics found. The percentage of companies hiring new workers has doubled to 12% in October, up from 6% in July, the lowest number ever recorded by the survey. Over the same time period, the percentage of businesses scaling back workforces declined from 36% to 31%, the survey found. "Job losses have been moderating with an improved outlook for hiring over the next six months," said William Strauss, a senior economist for the Federal Reserve Bank of Chicago. Google/The Associated Press
Windows 7: I wanted more reliable, now it's more reliable. Wow!
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