Then read these excerpts from the December, 2010 ADP National Employment Report (italics mine):
This month’s ADP National Employment Report suggests nonfarm private employment grew
very strongly in December, at a pace well above what is usually associated with a declining
unemployment rate. After a mid-year pause, employment seems to have accelerated as indicated
by September’s employment gain of 29,000, October’s gain of 79,000, November’s gain of
92,000 and December’s gain of 297,000. Strength was also evident within all major industries
and every size business tracked in the ADP Report.
According to the ADP Report, employment in the service-providing sector rose by 270,000 in
December, the eleventh consecutive monthly gain and the largest monthly increase in the history
of the report. Employment in the goods-producing sector rose 27,000, the second consecutive
monthly gain and the largest since February 2006. Manufacturing employment rose 23,000, also
the second consecutive monthly gain.
>>Download the whole report:
Now take a look at this, too. Look at this beautiful graph ADP created:
Do you see how the bar graphs increase with each month? That means more jobs – companies are hiring. We’ll know more, of course, as time goes on, but it sure seems that employment will continue to rise in 2011.
What about you and your company? What are your hiring plans for 2011? Are you ready?