Economy
Related: About this forummore than 60% of U.S. CEOs expect to hire more in 2014
http://www.usatoday.com/story/money/business/2014/01/21/ceos-see-brighter-economic-times-ahead/4736451/In Davos, PricewaterhouseCoopers released a survey of 1,300 chief executive officers worldwide showing 44% expect the world economy to improve over the next 12 months. A year ago, only 18% said that about 2013's outlook.
More than 60% of the U.S. CEOs in the survey said they expect to hire more people this year. That's the highest level of headcount additions in the past five years of PwC's global CEO surveys, the firm said.
In Washington, the International Monetary Fund raised its forecast for both world and U.S. economic growth in 2014.
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"The IMF is moving in our direction, and in the direction of the Federal Reserve. They're catching up with everyone," Englund said.
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shenmue
(38,506 posts)I hope that happens.
Demeter
(85,373 posts)Then why all the layoff announcements?
Bill USA
(6,436 posts)who are gaining in business while there are others losing. There will always at any one time be lay-offs by some companies. But the trend for the economy is toward improvement with additions to manpower of most companies expected to grow in 2014 as the economy continues to improve.
2013 December Job Cut Report: Fewest Layoff Announcements Since 1997
http://www.challengergray.com/press/press-releases/2013-december-job-cut-report-fewest-layoff-announcements-1997
Announced job cuts fell to the lowest level of the year in December as U.S.-based employers reported plans to reduce payrolls by 30,623 during the month. That was down 32 percent from a November total of 45,314. For the year, job cuts were down about 3.0 percent from 2012, according to the latest report on monthly job cuts released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc.
The December total was six percent lower than the 32,556 job cuts announced in the same month a year earlier, marking the third consecutive year-over-year decline. Last month was not only the lowest job-cut month in 2013; it was, in fact, the lowest job-cut month in more than 13 years. The last time employers announced fewer job cuts was June, 2000, when 17,241 planned layoffs were recorded.
Overall, employers announced a total of 509,051 planned job cuts in 2013, down 3.0 percent from 523,362 in 2012. It is the lowest annual job-cut total since 434,350 cuts were announced in 1997. The fourth quarter of the year saw a slight increase in October job cuts, followed by consecutive declines in monthly job cuts to close out 2013. In all, 121,667 job cuts were announced over the final three months of the year, which was 5.3 percent lower than the previous quarter (128,452) and 11 percent lower than the fourth quarter of 2012 (137,361). - See more at: http://www.challengergray.com/press/press-releases/2013-december-job-cut-report-fewest-layoff-announcements-1997#sthash.3qtmf7PC.dpuf
Demeter
(85,373 posts)Demeter
(85,373 posts)and the hires are not counted
Bill USA
(6,436 posts)... one month, however it turns out, does not a year make. Don't count your chickens until your eggs are hatched.