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Job Forecast Gives Hope To Consumers

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A recent employment forecast may have good news for unemployed Americans. A recent report by CareerBuilder found a significant amount of employers plan to increase hiring for the remainder of the 2011 calendar year.

Close to 50 percent of employers want to hire more workers in the latter half of the year, which is a 6 percentage point increase from the same time last year. Those who want to hire full-time employees on a permanent basis rose to 35 percent this year from 2010's 28 percent. Contracted and temporary workers are projected to be hired by 12 percent of employers, which is higher than last year's 9 percent.

"Last year, certain sectors or departments in companies were producing jobs," said Matt Ferguson, chief executive officer of CareerBuilder. "This year, the U.S. is seeing job creation in all industries, functions and company sizes."

Consumers who are attempting to obtain employment may not want to ignore their credit card debt until they get a job, as missed payments could severely damage their credit ratings. Instead, it may be wise to pay at least minimum payments if at all possible.

Timely articles written by the Editors at DRC

New government regulations in place for consumers in need of debt relief for credit cards and other unsecured debts.


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