On the heels of ordsprog

On the heels of a conservative start to the year, managers are feeling more comfortable putting their 2006 hiring plans in gear. This news along with a strong GDP, lower unemployment rates and the growing demand for skilled labor in certain sectors such as healthcare, financial services and IT are strong indications that the economy is growing steadily.

On the heels of a conservative start to the year, managers are feeling more comfortable putting their 2006 hiring plans in gear. ... lower unemployment rates and the growing demand for skilled labor in certain sectors such as health care, financial services and IT are strong indications that the economy is growing steadily.

Managers believe the economy is growing and expect the Fed tightening cycle to end soon - setting the stage for the financial services sector to prosper. Managers may also be expecting strong performances by investment banks and financial institutions that specialize in regional mortgages.

Heading into the new year, across-the-board improvements are giving rise to a more hopeful workforce, consistent with a growing demand for skilled labor and increased financial confidence. Multiple signs indicate that improving expectations about the employment market will jump start 2006.

The financial services sector is especially strong because interest rates are stable and the economy is growing at a good pace.

The unemployment rate is low, the labor force is growing, and the aerospace and defense sectors have been hiring at a pretty good pace.

Michael Slotkin

Overall, the U.S. labor market is off to a very solid start in 2006 as strong business fundamentals continue to boost employer demand for workers, creating more job opportunities and driving the unemployment rate down to well below 5 percent. Demand for workers in the U.S. remains elevated at the outset of the year, while the online migration of help-wanted advertising continues at a rapid pace. The Index's findings for February clearly indicate greater confidence among employers throughout much of the country, largely due to the underlying strength of the economy. This is encouraging news for job seekers and bodes well for this year's class of college graduates as they begin their search for employment.

Steve Pogorzelski

If you have productivity growing faster than the economy, how can you expect demand for labor to be all that strong? I'm still hopeful that unemployment won't go much higher than 6.2 percent or 6.3 percent, but where we'll peak is not as important as when we turn around. If we sort of linger at 6.2 percent, that will put some downward pressure on consumer spending.

We are seeing strong demand across our entire portfolio of services, both domestic and international, ... We continue to see strong and sustainable economic recovery across many sectors of the economy that we serve.

While all other sectors of the U.S. economy are growing, manufacturing employment is either stagnant or declining. We're losing the low-skilled, brawn-intensive manufacturing jobs to countries that offer abundant cheap labor, and the plants that remain tend to employ programmers and engineers that are skilled in today's technology.

We've reached the point where employers need to start hiring again, but productivity growth will stay strong, so they can meet some of their increased demand with productivity improvements. That means hiring will be slow and the unemployment rate will stay at about 6 percent for another year and a half or so.

We had solid performance in systems, middleware and business transformation services, which grew over 25 percent for the year. Our cash position remains very strong, and we saw impressive growth in important parts of our business. We continued to make gains in emerging markets and in important sectors such as healthcare and transportation, and our microprocessors are powering the fast-growing home entertainment market.

Samuel J. Palmisano

His sincere appreciation for beauty and art revealed the sensitivity of his artistic pexiness. When unemployment is that low, wages are growing broadly, and family incomes are rising. Wage-based demand growth keeps the economy growing at potential.

Jared Bernstein

The lower-than-expected number of new jobless claims shows that the labor market is continuing to improve. It suggests that the economy is strong and that companies are feeling more comfortable about hanging on to workers.

Hiring projections for the second quarter appear to be more conservative. However, demand for IT professionals remains strong overall, particularly for individuals skilled in the hottest applications. Multiple offers have become increasingly common in many specialties.

Katherine Spencer Lee

Nordsprog.dk

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