Bullish news for the US economy: this week the ADP employment report and the latest Bureau of Labor Statistics report shows that the economy added 200,000 jobs in December and the US unemployment rate dropped to 8.5% (down .6% since August). Many of these jobs are in non-cyclical businesses (healthcare, food service, and manufacturing), which shows that companies are starting to invest for growth.
It’s clear to me (and our research confirms this) that businesses are now investing again. In our most recent research to senior HR executives around the world, 35% of respondents told us that one of their top three challenges was “attracting critical talent in growing markets.” This number is nearly double what we saw a year ago. And many of these new positions are outside the US, located in the emerging economies (India, China, Eastern Europe) where demand is high.
Read the full story: http://www.forbes.com/sites/joshbersin/2012/01/06/new-jobs-report-looks-good-are-we-out-of-the-woods-yet/