Even as the nation’s economic recovery appears increasingly fragile, small- and medium-sized Bay Area businesses plan to hire over the next six months, a new survey shows.
The survey commissioned by the Bay Area Council showed that 37 percent of companies with 500-999 employees expect to hire over the next six months. And 43 percent of firms with 50-99 employees expect to hire during the same time period.
“Despite all the national talk about a dreaded double-dip recession, the Bay Area seems to be weathering the recovery much better than other regions,” said Jim Wunderman, CEO of the Bay Area Council, a business-backed policy group. “The situation is not nearly as sunny as it was several years ago, but confidence amongst business leaders continues to slowly build.”
The best places to look for a job over the next six months are still in San Francisco, on the Peninsula and Silicon Valley, in industries like information technology, trade, professional and business services and, for the first time in several quarters, construction and infrastructure, the survey reported.
The survey includes responses of 432 CEOs and top executives in the nine Bay Area counties between May 13 and June 5.
Overall nearly two-thirds of those executives said they think economic conditions are better than six months ago. In addition, six in 10 executives expect a better Bay Area economy six months from now.
The survey commissioned by the Bay Area Council showed that 37 percent of companies with 500-999 employees expect to hire over the next six months. And 43 percent of firms with 50-99 employees expect to hire during the same time period.
“Despite all the national talk about a dreaded double-dip recession, the Bay Area seems to be weathering the recovery much better than other regions,” said Jim Wunderman, CEO of the Bay Area Council, a business-backed policy group. “The situation is not nearly as sunny as it was several years ago, but confidence amongst business leaders continues to slowly build.”
The best places to look for a job over the next six months are still in San Francisco, on the Peninsula and Silicon Valley, in industries like information technology, trade, professional and business services and, for the first time in several quarters, construction and infrastructure, the survey reported.
The survey includes responses of 432 CEOs and top executives in the nine Bay Area counties between May 13 and June 5.
Overall nearly two-thirds of those executives said they think economic conditions are better than six months ago. In addition, six in 10 executives expect a better Bay Area economy six months from now.
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