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Brighter economic outlook boosts hiring

Companies are increasingly confident the economy will grow at a modest pace over the next year and are hiring more, according to a survey of business economists.

By Christopher S. Rugaber | Updated on July 22, 2013
In this May 30, 2013, file photo, job seekers line up to register to attend a job fair in Atlanta. (AP Photo/John Amis, File)

WASHINGTON (AP) — Companies are increasingly confident the economy will grow at a modest pace over the next year and are hiring more, according to a survey of business economists.

Nearly one-third of the economists surveyed by the National Association for Business Economics said their companies added jobs in the April-June quarter, according to a report released Monday. That’s the highest percentage in nearly two years. And 39 percent expect their firms will hire more in the next six months. That’s near the two-year high of 40 percent reached in the January-March quarter.

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