The Recruiting News
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Press Releases: Minnesota Employers Foresee Productivity Gains, Increased Hiring More than 300 business leaders expect employee productivity to increase by Sept. 30. MINNEAPOLIS--(July 22, 2011)--More than 300 business leaders from across Minnesota expect their companies' employee productivity will increase during July, August and September, according to a survey conducted in late June by Twin Cities Business. A total of 625 business leaders representing all industries and company sizes responded to the survey. Some 43 percent of respondents also anticipate revenue gains, and 33 percent plan to increase their employment levels during the period. Industries most likely to see employment increases are insurance; accounting and other professional services; retail/hospitality and manufacturing. Those least likely to hire are government; utilities and agriculture, forestry and fisheries. In terms of where growth is expected to occur geographically, Wright County had the highest number of employers planning to increase headcounts; Carver County had the highest number of companies planning to invest in capital outlays and/or infrastructure improvement. The survey also found one-third of respondents believe business conditions will worsen during the quarter ending Sept. 30. And more than one-quarter said they believe finding qualified workers and obtaining financing for their businesses will become more difficult. Twin Cities Business conducted the survey to provide a glimpse at overall business planning and sentiment among leaders across all areas and industries in Minnesota. With assistance from the Minnesota Chamber of Commerce, the magazine polled 14,482 leaders and received responses from 625, resulting in a 4.3 percent net response rate. More on the survey's findings can be found in the August edition of Twin Cities Business, which is available online at TCBmag.com and also at select newsstands throughout the metro area, including Barnes & Noble and Byerly's. About Twin Cities Business Minneapolis-based Twin Cities Business publishes news, analysis, features and commentary about the state's most interesting business leaders, challenges and opportunities daily at TCBmag.com, twice weekly in its "Briefcase" e-newsletter, and monthly through the award-winning Twin Cities Business magazine. Contacts Twin Cities Business Dale Kurschner, 763-567-9241 # # # . - . Email this article Daily Newsletters and Professional Toolboxes: Bugler A concise view of the industry events and announcements that shape the competitive environment. Updated daily. Electronic Recruiting News A single article that covers tips, trends and analysis of players, events and occurrences in the Recruiting Industry. Updated daily. ERN | Bugler | Blogs | Advertise | Archives | About | Contact | Careers | Candidates | Listings | ToolKit | Companies | Exec Recruiters | 
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