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More Employers Plan to Hire in 2010

More employers plan to add to their headcounts in 2010 than last year, according to a new survey.
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NEW YORK (TheStreet) -- The number of employers who plan to hire workers in 2010 has increased, according to research by a job-hunting Web site, CareerBuilder.com, which surveyed 2,700 businesses around the country.

According to the survey, 20% of its participants said they expected to hire new full-time employees in 2010, up from 14% in 2009.

Conversely, 9% said they would likely trim their payrolls next year, down from the 16% of survey-takers who expected to fire workers in 2009. Sixty-one percent said they planned to keep their headcounts flat, while another 10% were unsure.

In a press release detailing the results, CareerBuilder CEO Matt Ferguson said employers remain wary about hiring. "We're headed in the right direction," he said in a statement, "but should not expect to see actual job growth until at least Q2 2010."

For some of those who have jobs, 2010 might turn out to be better than last year: 57% of the businesses surveyed expect to hike pay for existing workers next year. Still, that's down from 65% a year ago, according to CareerBuilder, which is a partnership between

Microsoft

(MSFT) - Get Report

and three newspaper companies hard-hit by the recession:

Gannett

(GCI) - Get Report

,

McClatchy

(MNI) - Get Report

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and the bankrupted

Tribune Co

.

Along with most of corporate America, each of those companies went through mass layoffs in 2009. As of December, Gannett had cut more than 5,500 jobs through either buyouts or straight-up layoffs.

Of the companies who have slashed headcounts last year,

Citigroup

(C) - Get Report

is probably the prizewinner, having cut more than 50,000 employees since November 2008.

-- Written by Scott Eden in New York

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Scott Eden has covered business -- both large and small -- for more than a decade. Prior to joining TheStreet.com, he worked as a features reporter for Dealmaker and Trader Monthly magazines. Before that, he wrote for the Chicago Reader, that city's weekly paper. Early in his career, he was a staff reporter at the Dow Jones News Service. His reporting has appeared in The Wall Street Journal, Men's Journal, the St. Petersburg (Fla.) Times, and the Believer magazine, among other publications. He's also the author of Touchdown Jesus (Simon & Schuster, 2005), a nonfiction book about Notre Dame football fans and the business and politics of big-time college sports. He has degrees from Notre Dame and Washington University in St. Louis.