Corporations Ready to Hire, CEOs Say

The largest corporations in the United States are ready to hire employees again, over the next six months, as the economic recovery seems to have solidified in America.
Corporations Ready to Hire, CEOs Say
3/30/2011
Updated:
10/1/2015
<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/661768.jpg" alt="YOU'RE HIRED! : Ivan G. Seidenberg, Chairman of the Roundtable, and current CEO of telecom giant Verizon Communications Inc. believes that corporations in the United States are ready to hire employees again. (Photo by Alex Wong/Newsmakers)" title="YOU'RE HIRED! : Ivan G. Seidenberg, Chairman of the Roundtable, and current CEO of telecom giant Verizon Communications Inc. believes that corporations in the United States are ready to hire employees again. (Photo by Alex Wong/Newsmakers)" width="320" class="size-medium wp-image-1806220"/></a>
YOU'RE HIRED! : Ivan G. Seidenberg, Chairman of the Roundtable, and current CEO of telecom giant Verizon Communications Inc. believes that corporations in the United States are ready to hire employees again. (Photo by Alex Wong/Newsmakers)
NEW YORK—The largest corporations in the United States are ready to hire employees again, over the next six months, as the economic recovery seems to have solidified in America.

The Business Roundtable, a consortium of chief executive officers at the biggest 200 corporations in the nation, said that more than half of the CEOs the organization surveyed plan to ramp up hiring in the next half year.

According to the survey results published on March 29, 60 percent of the CEOs surveyed also expect to make additional investments into their businesses. Almost all of the business executives—more than 90 percent—expect overall sales to increase from last year.

“With today’s survey results, the last three quarters have shown steady improvement in the CEO economic outlook,” said Ivan G. Seidenberg, chairman of the Roundtable, and current CEO of telecom giant Verizon Communications Inc.

“This shift continues a trend as reflected in recent employment data, with the private sector leading the way in creating more jobs.”

The CEOs expect U.S. real GDP to increased by slightly less than 3 percent this year, an increase from the 2.5 percent estimated for 2011 at the end of last year.

The survey of top CEOs was conducted in early March prior to the recent earthquake catastrophe and nuclear crisis in Japan.