Pleased with the outlook of their economic futures, more firms are expanding their hiring efforts, according to a report from the National Association for Business Economics.
The study, which queried businesses and leaders for statistics recorded during the second quarter of 2013, found that almost 39 percent of employers expect to expand their payrolls in the next six months. A year ago, that statistic sat at 23 percent.
"I would say there's still a lot of work to be done in terms of getting things back on track. But we're seeing a lot of our clients across the country pick up in terms of lower-level hiring," said Michael Gruber, Vice President of Operations for The Right Thing, a job recruitment firm, when speaking to the Toledo Blade newspaper weeks ago. He's also seen a notable uptick in the market. "What we've noticed in the last few months is the job market is loosening up."
For those searching for careers in finance, more opportunities seem to be opening up across the board. But unfortunately, not all of the Associations news was good. Only 21 percent of respondents reported increased profits over the quarter, down from 29 during the first quarter of the year, suggesting that employers are hoping to reverse sliding revenue with a reinforced crew of employees.