It seems finally that we are overcoming the recession as more and more U.S. based companies plan to offer more jobs. The companies have started investing more and more as the market condition improves. Ever since the start of the recession in December 2007, the companies are for the first time looking to hire more workers in the coming 6 months as compared to the expected job cuts according to the National Association for Business Economics. Also the firms are beginning to increase capital spending as compared to cut spending. This came into notice during the survey of NABE.

According to the economist at Federal Reserve Bank, William Strauss, the survey conducted by NABE is a clear indicator of the fact that the U.S. economy is improving continuously. This news will bring big relief to all the people who are currently facing the economic crisis by loosing their jobs.

The job cut is slowing down when compared to the previous quarter. Also, 12% firms are adding job as compared to 6% in October. Yet at the moment unemployment rate is at an all time high in States with 9.8% and government needs to take all possible steps to decrease the job cuts.