New data gives glimmer of hope on job front - WMC Action News 5 - Memphis, Tennessee

New data gives glimmer of hope on job front

(CNN) - The national jobless rate remains stubbornly high at 9.2 percent, and many employers remain cautious about adding jobs. But some new data may offer a sign of hope.  

With over 14 million Americans out of work, there are now signs of hiring picking up slightly and people getting numerous job offers.

A new survey from the National Association for Business Economists find hiring is likely to pick up between now and the end of the year.

43 percent of firms polled are likely to increase employment over the next six months, and none of the firms polled said they plan to make significant layoffs.

While an improvement in hiring is good news, don't expect any big changes in their company's hiring.

Almost half of the participants said they don't expect any big changes in their company's hiring.

Another potentially positive trend is numerous job offers.

Korn Ferry recruiters estimate that five to 10 percent of executive candidates are ending up with multiple job offers within just three to four months of beginning their search.

But that good news comes with a caveat too, a dichotomy between those struggling to get one job offer, and those who get numerous job offers.

Company executives who have numerous references ready to give a recommendation seem to be landing the multiple offers

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