Just take Cisco Systems, the Silicon Valley networking giant. Its CEO, John Chambers, has seen a surge in demand from companies spending on capital.
"What we get excited about, routers and switching, the plumbing if you will." "We're hiring very aggressively, added 2000 people last quarter and will add 2-3 thousand this quarter."
Good news for Cisco, ahead of this morning's jobs numbers for January.
John Challenger, the CEO of Challenger, Gray & Christmas said, "We are hoping to see a net positive gain in jobs."
Signs of positive job growth.But as more Americans count themselves as "looking for work," the unemployment rate is still in double-digits.
Senate Democrats could bring a jobs measure to a vote Monday, hoping for tax breaks for new hires, more unemployment aid and more spending on highway construction.
Senate Majority Leader Harry Reid said, "People have to go back to work."
Some of those ideas failed to get enough support in last year's stimulus bill and Republicans still ask where's the help from that?
House Minority Leader John Boehner said, "It is extremely important as Americans to continue to ask the question"'Where are the jobs?' "
Today President Obama meets with small business owners in Maryland.
"On the brink of wanting to expand, move, hire, but what they're saying is we still can't get financing," said Obama at a Democratic fundraiser last night, speaking about an economy sputtering where millions of Americans who need work can't get it.
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