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Survey: Companies see ‘improvement in economic conditions’

Posted on April 24th, 2012 Read time: 1 minutes

March saw a 120,000 increase in payrolls as reported by the U.S. Labor Department, the smallest gains in five months, Bloomberg notes. What's more, despite a dip in the national unemployment rate from 8.3 percent to 8.2 percent, the reasons were predominantly due to people leaving the labor force rather than more people being hired.

That said, a recent study from the National Association for Business Economics revealed there is still some optimism from U.S. companies regarding job growth and the economy in general, the media outlet notes in a separate article.

For instance, 39 percent of all companies surveyed projected job gains for full-time, part-time and temporary workers over the next six months.

The optimism extends to the general economy, as around 78 percent of businesses project the country's economy will expand more than 2 percent in 2012 – up from 65 percent in a similar study in January.

"Panelists are not significantly concerned about the potential impact of higher oil prices or the European crisis on their business," Nayantara Hensel, chairwoman of the NABE outlook survey committee, told the news source.

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