Denver—February 16, 2012—Colorado business leaders are feeling confident about the 2012 economy, according to the Experience Factor Market Pulse survey results released today. One hundred business leaders responded to the survey, which polled executives on Colorado’s economic prospects in 2012 and whether firms will be hiring, among other issues.

The survey found 81 percent of executives believe the economy will do better in 2012 than last year. Sixty-three percent of respondents said they will hire this year. Asked to estimate how many staff they would add, 43 percent of executives said they would hire up to 10 people, and 9 percent said they will hire more than 50 people this year.

Sixty-two percent of respondents believe Colorado will fare better than the rest of the nation. More than half, 54 percent, believe their firms will experience moderate growth this year; 5 percent believe they will experience rapid growth and only 2 percent forecast a negative year.

“Our takeaway is that after retrenching the last couple of years, Colorado business leaders believe they have weathered the worst of the economic storm and business will be up this year,” said Stephanie Klein, president of Experience Factor.

Experience Factor conducted its Market Pulse Survey between Feb. 9-15. One hundred Colorado business leaders and human resources executives responded to the survey.

About Experience Factor (www.experiencefactor.com)

Established in 2003, Experience Factor is the evolution of one of Colorado’s most successful staffing firms, The Boomer Group. Experience Factor helps companies increase efficiency and effectiveness by recruiting and placing the most experienced candidates in the job market. For more information, call 303.300.6976.

 

Media Contacts:

Stephanie Klein, President

303.300.6976 or Stephanie@www.experiencefactor.com

 

Or Patrick Hyde, Pivot Communication

303.499.9291 or phyde@pivotcomm.com

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