Almost Half Of Companies Plan To Hire In 2011

Here’s some modestly encouraging news for job seekers.

About 47 percent of companies with sales in the $25 million to $2 billion range, plan to hire employees in 2011, according to a national survey of chief financial officers (CFOs) by Bank of America.

That’s a large improvement over the 28 percent that planned to hire as they began 2010.  Yet, there remains apprehension about the economy.  Among those not planning to hire in 2011, 61 percent noted a lack of increased demand for their products or services.

The survey of 800 U.S. corporate leaders has been done every year for 13 years, and provides insight into the next year because it surveys the people who are aware of what’s been budgeted for the coming year.  The survey focused on a broad range of companies throughout the U.S. and in manufacturing and services.