Some economists have made a rather sunny forecast for 2011 - despite an economy that is still recovering, there may be a hiring boom. However, the majority of economists expect the unemployment rate to hover around 9 percent, which is where it stands now, according to CNN.
"We're looking at some leading indicators on employment, and they're all flashing green lights," Bernard Baumohl of the Economic Outlook Group research firm told the news source. Baumohl is one of the economists who believes that the U.S. job market will grow by 2.5 million to 3 million jobs. That number is approximately triple the growth rate of 2010.
Bill Cheney, another economist whose forecasts are in alignment with Baumohl's, told the news outlet that part of his reason for predicting major job growth is because financial forecasters often underestimate recovery once it's begun.
Should the job increase that the optimistic economists predict actually occur, it could help improve the economy as a whole.
Those who are trying to get out of debt this year may be hopeful that new economic growth could help them pay off their credit card bills. According to MSNBC, those striving to pay off their balances should aim to make payments larger than the monthly minimum.