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Fewer U.S. Companies Planning to Hire; Europe Looms—Poll

Reuters (07/16/12) Jason Lange

U.S. companies are curbing plans to hire new employees, and an increasing number of companies feel the European debt crisis is negatively affecting their sales, according to a survey by the National Association for Business Economics. Just 23% of the companies surveyed intend to hire additional staff in the next six months. NABE’s prior survey, conducted in March and April, indicated that 39% of companies planned to hire new employees.