Business Executives Are Still Downbeat on Hiring
From Times Wire Reports
After three awful years, business conditions are finally starting to pick up, Bay Area executives say. But companies are still not planning to increase their payrolls.
The Bay Area Council’s latest business confidence quarterly survey reports that about 70% of those responding said they didn’t expect to increase their workforces in the next six months, even if the local economy improves. What’s more, 23% plan to decrease technology spending, while 3% expect to boost such spending.
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