Twin Cities businesses are optimistic about growth in the fourth quarter of the year, but they aren't making any big hiring plans, the Pioneer Press reports. Or even small ones.
That's according to a survey of chief financial officers unveiled Monday. The numbers tell the tale: 89 percent of those surveyed were confident about growing in the last three months of the year, but only 13 percent plan to hire for new positions. And that's down from 16 percent in the previous quarter, according to a news release from the professional staffing services company Robert Half.
One bit of good news: "Employers are actively recruiting customer service representatives, senior and staff accountants, and business systems analysts who support revenue-generating functions," James Kwapick, Twin Cities district president for Robert Half, the California-based consulting firm that conducted the survey, said.
Nationwide, the latest jobs numbers from the Labor Department indicated that the U.S. added a modest 169,000 jobs in August, and the unemployment rate fell slightly to a 4.5-year low of 7.3 percent, but that was because fewer people were involved in job searches, MarketWatch noted.
Forbes recently did a slideshow of the best and worst cities for jobs this fall, and no Minnesota cities made either list (Best: Houston; Worst: St. Louis).