Latest report shows positive job outlook

By Tony Deblauwe

Many of the economic indicator surveys you come across these days point to an ongoing bleak outlook for hiring into 2010. Speaking from a technology job sector point of view that prediction may not be as accurate. I’ve been speaking with many folks in this sector and while the increases won’t be off the charts, there will be moves made to start hiring. In some cases, hiring positions lost due to layoff earlier in the year, but in many cases, its new jobs.

One positive report was released today by the National Association for Business Economics (NABE) which reported that the number of employers planning to hire workers over the next six months exceeded the number expecting job cuts for the first time since the recession began in December 2007. In many cases companies are building more capital spending into their strategic planning process.

NABE said job losses "appear to be slowly abating" with the percentage of firms cutting payrolls falling to 31% in the quarter from 36%. The percentage of firms adding jobs doubled from an all-time low of 6% to 12% in October.

What that means for new job seekers, or those who’ve been waiting patiently for things to change, should take stock in preparing a solid job search plan for the next six months. Organizations like Career Directors International provide career planning tips from experts as well as leads to professional resume writers.