| Business

Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Fewer CEOs expect hiring dip over next 6 months

Email Newsletters

Click here to sign up for one of our email newsletters.

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

Daily Photo Galleries

By The Associated Press
Thursday, Dec. 13, 2012, 12:01 a.m.

A survey of chief executives shows the number of large companies that plan to add jobs or hire more workers is essentially unchanged versus three months ago, although fewer expect hiring to decrease.

The Business Roundtable said Wednesday that 29 percent of its member CEOs plan to increase hiring over the next six months, the same as in September when the group released its previous quarterly survey.

But only 29 percent expect hiring to decrease versus 34 percent in the previous report.

CEOs are worried about the pending budget changes, known as the “fiscal cliff.”

“The past quarter's survey results reflect continued uncertainty of business leaders surrounding the ability of our political leaders to reach a principled compromise for resolving the fiscal cliff and related deficit and debt issues,” Jim McNerney, chairman of the Roundtable and CEO of The Boeing Co.

Subscribe today! Click here for our subscription offers.



Show commenting policy

Most-Read Stories

  1. Rossi: Just wait until Ben comes back
  2. Tomlin on Bell’s late TD: ‘We were going to go for it’
  3. A farewell party for the Greenfield Bridge, then the headaches that follow
  4. Penguins notebook: Young and old embrace uniqueness of home opener
  5. Steelers defense displays resiliency in victory over Chargers
  6. Bell’s last-second TD lifts Steelers over Chargers
  7. Pittsburgh considering self-insured health benefits to cut costs
  8. Kicker Julius likely to keep his job, PSU’s Franklin says
  9. Pirates coach Sofield interviews for Padres manager
  10. Sisters of St. Francis of the Providence of God sell 33-acre Whitehall home
  11. Smallwood status uncertain heading into WVU’s game at No. 2 Baylor