Posted on 10/23/2011 9:43:10 PM PDT by lbryce
Fewer U.S. companies expect to hire new workers in coming months, as business economists grow increasingly pessimistic about the overall economy's growth in the coming year.
Nearly 85 percent of economic experts surveyed expect the economy to grow at a meager 2 percent or less over the next 12 months, according to the National Association for Business Economists. In July only 23 percent of the survey's respondents predicted such slow growth.
(Excerpt) Read more at nytimes.com ...
Glad you saw my sarcasm as such.
My company put it at 1%. Cuts are coming. It is a global firm with 120,000 educated employees.
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