Wednesday, January 11, 2012

CareerBuilder: Hiring frequency should increase in 2012

Employment website CareerBuilder recently released its annual jobs forecast, showing that the hiring situation across the country may be improved in 2012.

Nearly one-quarter of employers think they will hire full-time employees next year, which is nearly identical when compared to 2011, the report noted. Nearly six in 10 businesses think their offices will remain unchanged while only 7 percent think they will need to make cuts.

"Historically, our surveys have shown that employers are more conservative in their predictions than actual hiring," said Matt Ferguson, chief executive officer of CareerBuilder. "Barring any major economic upsets, we expect 2012 to bring a better hiring picture than 2011, especially in the second half of the year. Many companies have been operating lean and have already pushed productivity limits."

Approximately one in five small businesses with fewer than 500 employees think they will increase payrolls next year, while organizations with 250 or fewer employees will hire about the same. An improvement in the job market may be positive for lenders, as more people may be in a financial position to obtain a residential mortgage and purchase a home.

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