UNCW study shows economy looking up

The economic future is looking up, according to statistics released by a team from UNCW. The Cameron School of Business surveyed some 30,000 companies about their hiring plans for the next year.

The nationwide survey is the first to evaluate employment based on future numbers rather than traditional models that base forecasts on the month or year before. The team reports good news.

“We’re seeing that 34 percent of hiring managers are looking to hire in the next twelve months where only eight percent are looking at laying off,” said UNCW Operations Management Professor Drew Rosen. “To me, that’s a sure sign of economic recovery.”

The numbers evaluate jobs in operations management fields, like quality control and engineering. Going forward, the team will look at trends in salary data.