CEOs Bullish On U.S. Jobs Outlook

March 1, 2006
Corporate CEOs belonging to the Washington, D.C.-based Business Roundtable "have the strongest employment expectations since we began CEO survey

Corporate CEOs belonging to the Washington, D.C.-based Business Roundtable "have the strongest employment expectations since we began [our] CEO survey in 2002," relates Henry McKinnell, chairman and CEO of Pfizer Inc. and chairman of the Business Roundtable.

Forty-three percent of the chief executives included in the Roundtable's most recent survey expect to add employees to their U.S. operations during the next six months. Only 15% expect to cut employment. Forty-two percent anticipate no change.

Despite continuing high energy prices, 85% of the Roundtable CEOs expect their companies' sales to increase during the next six months; only 2% expect a decline.

Source: IndustryWeek, Business Roundtable.