NEW YORK: US companies are gearing up to create jobs at rates not seen since the height of the 1990s boom, a survey released yesterday shows, adding to evidence that job growth will keep America's economic recovery rolling.
Following two months of strong government payroll reports, the survey is a boon to President George W. Bush in the run-up to elections and will likely confirm expectations that the Federal Reserve will raise US interest rates at the end of June as it moves to beat off emerging inflation.