CFO Survey: US Employment To Improve Even More This Year

Mar 07, 2012 15:06

More cold water on Republican hopefuls and ECRI, the latest survey of CFOs points to even better hiring prospects ahead.

Almost 70% of U.S. CFOs now say that their companies are making efforts to fill vacant positions, and the U.S. CFO Optimism Index has jumped from 53 in Q4 2011 to 59 in the current quarter, back up to well within the index’s long-term average.

“This rebound is encouraging because increases in CFO optimism have historically preceded improvements in the overall economy,” - John Graham Professor of Finance at Duke’s Fuqua School of Business and director of the survey.

Full survey (PDF)

recoveries, nonfarm payrolls, forecasts, election year recessions, employment, ecri

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