With a majority of firms planning to expand hiring this season, the employment scene in the US is likely to improve and get much better as the recession seems to be finally fading out.

According to a latest survey of 118 large employers in the US and other 459 global firms, by Towers Watson, the percentage of firms planning to reduce workforce has gone down considerably since the beginning of the financial crisis and things are finally picking up on the hiring front in US.

The survey revealed that as much as 92 per cent of the participating employers are planning to hire in 2010. In addition, the percentage of firms planning workforce reduction has reduced to 36 per cent from 58.

The participating firms also noted a considerable rise in the productivity over the past year, with 55 per cent agreeing to that the employee productivity had risen compared with pre-financial crisis levels. Additionally, 48 per cent are expecting it to continue to rise by next year.