U.S. employers expect more cutbacks

Published: Sept. 30, 2008 at 9:13 AM

NEW YORK, Sept. 30 (UPI) -- Ten percent of U.S. employers indicated they would cut jobs during the fourth quarter, a recent survey said.

Sixty-three percent of employers responding to a CareerBuilder.com survey conducted for USA Today by Harris Interactive indicated their payrolls would stay the same through the fourth quarter. But 10 percent indicated they would cut jobs.

Almost a quarter of the hiring managers surveyed -- 23 percent -- indicated they would add to their payrolls in the fourth quarter. But, the figure was down from the previous quarter, when 25 percent added workers, the report said.

The survey of 3,061 hiring managers and human resource personnel was conducted Aug. 21-Sept. 9, the report said.

Previous surveys indicated 10 percent or more expected cuts through the first half of 2009, USA Today reported.

© 2008 United Press International, Inc. All Rights Reserved.
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