Bay Area may be poised for hiring upswing
Bay Area may be poised for hiring upswing
Bay Area companies said they are ready to begin hiring for the first time since the Great Recession took hold, according to a business confidence survey released Thursday.
More of the region’s businesses are planning to expand their workforce than are planning layoffs, signaling a potential job market rebound, according to the Bay Area Council survey.
Overall, 20 percent of companies plan to increase their workforce within the next six months while 17 percent expect layoffs and 59 percent predict no change, the survey said.
The results contrast with a year ago when the survey showed that 10 percent of companies were planning to hire, while 42 percent expected layoffs.