Some Good News for 2010
In a bit of good news for the housing industry, a recent survey shows that more U.S. employers plan to hire full-time employees in 2010 than in 2009.
According to a Reuters news article, CareerBuilder.com's nationwide survey of hiring managers indicated that 20 percent of employers plan to add jobs this year, up from just 14 percent in 2009. And just 9 percent plan to cut jobs in 2010, compared to 16 percent last year, according to the report.
Experts point to unemployment as a primary drag on the overall economy's health, so a signal of a possible growth in jobs could be considered a sign that real recovery could be taking hold.
Specific to real estate, a growth in jobs would likely help stabilize home prices - as more potential buyers could gain confidence in their job situations, and homeowners struggling to make mortgage payments might find some relief. Unemployment is often cited as a big reason for continued high numbers of mortgage delinquencies and foreclosures.
Reuters reported that one-third of employers plan to add technology jobs; 28 percent look to increase their customer-service staffs; and 23 percent anticipate boosting sales forces.
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