Saturday, April 17, 2010

Tech sector now hiring

Lead story in yesterday's WSJ reports that tech companies now have "surging earnings" and are starting to ramp up their hiring. This is one of the best signals we have yet about the recovery, indicating that companies now feel confident enough about the recovery to make significant investments in new technology. Now seeking resumes: Google, Intel, Cisco Systems, Twitter, and LinkedIn. The article claims that hiring is pretty slow outside of tech, although JP Morgan Chase and CSX are now also starting to look at resumes more carefully.

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