Just about one in three firms increased their payrolls in the second quarter and 39% of respondents said they expect to hire in the next six months, according to the latest National Association for Business Economics survey, released Monday.

The 39% figure is the highest level of hiring intentions since January 2008, NABE said. A year ago, only 6% of firms saw gains in employment. The number of companies cutting jobs dropped to 14% from 36% a year ago.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.