Employers look to expand payrolls

NEW YORK (CNNMoney.com) -- Most employers plan to hire applicants than fire employees, according a survey released Monday that suggests slower hiring but continued strength in the job market, USA Today reported.

More than a third of the managers said they would hire more employees, which was lower than the 41 percent polled in a previous survey, but only 5 percent said they would fire workers this quarter, according to an online survey conducted by USA Today and CareerBuilder.com.

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Of the hiring managers polled, 52 percent said they expect the number of full-time workers to remain unchanged from July through September, and nearly half said they would increase pay, the paper reported.

"The survey suggests that the job market is holding up well despite the housing downturn and the slowing," in the broad economy, Mark Zandi, Moody's Economy.com chief economist, told the paper.

The survey was conducted within the first two weeks of June and involved 2,417 hiring managers and human resource professionals, the paper said.