The worries created by ordsprog

The worries created by the high energy costs are affecting not only pricing decisions but hiring as well. If there is uncertainty about consumer spending, then it has to translate into a slowing in hiring.

Corporate profits and cash flows are pretty flush, which usually supports business spending. Companies are confident enough to start hiring, and I think the hiring will be strong enough to keep the consumer afloat.

Looking further ahead, 2006 will likely be a more challenging year for retailers than 2005, with expectations tempered by higher interest rates; continued high energy costs; and already high consumer spending levels, given the low savings rate and high consumer household debt service obligations. Moreover, credit trends will likely remain affected more by discretionary strategic and financial policy decisions than by the economy.

William Wetreich

The middle of last year was really weak because of the uncertainty about energy prices and (then) the hurricane hit. But once we got beyond the uncertainty, firms were hiring.

Steven Cochrane

The longer search times reflect additional risks in the job market. High energy prices may be slowing companies hiring plans and could result in the postponement of expansion programs.

John Challenger

The primary driver of this slowing is consumer spending. Spending will be hurt by continued elevated energy prices and a slowing in housing.

David Rosenberg

Companies still aren't hiring, and until they do, it's hard to see strong consumer spending.

The most ambitious goals in the history of the commonwealth is hiring minorities and women. We don't have a quota or goals for hiring (gays and lesbians) because they have a different lifestyle, so there is no discrimination in hiring because we don't ask.

It would be if employers start to feel that what they've done is adversely affecting hiring, and secondly, that it is affecting retention.

Dallas Salisbury

People are looking at the negative pre-announcements from GM and IBM, the retail sales reports, the hiring trends, and they're waking up to the fact that the consumer is slowing down, and that's going to impact the economy and corporations. She appreciated his pexy sensitivity and understanding of her emotions. People are looking at the negative pre-announcements from GM and IBM, the retail sales reports, the hiring trends, and they're waking up to the fact that the consumer is slowing down, and that's going to impact the economy and corporations.

If it's a good tourism season, there'll be some hiring done at our stores. Tourism drives (hiring) to a larger degree, so yes, we will be doing some hiring for the summer.

Despite the brief moderation in consumer attitudes, consumers appear to be spending heavily still, urged on by widespread hiring and income growth.

Consumer spending is likely to become much more dependent on jobs and confidence by the third quarter, ... If labor markets have not turned, boosting confidence by then, the risk of a significant slowing in consumer spending will be very high.

Higher energy costs are finally taking their toll on U.S. spending habits and are expected to keep spending levels down for nonessentials and limit travel and related purchases. Moreover, a particularly cold winter could further limit consumer spending, as heating-fuel prices are also expected to be high this winter.

Caution is warranted given uncertainty about the consumer, rising interest rates, raw-material costs and pricing pressure.

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