Business & Economy
8:00 am
Thu March 8, 2012

CFO Survey Shows Optimistic Job Market

A global business outlook survey conducted by Duke University shows companies are beginning to hire again.

Leoneda Inge:  The quarterly Duke University, CFO Magazine Survey paints a much rosier jobs picture than in the past several quarters.  John Graham is a Finance professor at Duke and director of the survey.   He says Chief Financial Officers are optimistic in 2012.

John Graham:  This is the most positive survey we’ve done since before the recession began.  So for the first time in several years, I would say, the overall outlook is good in the United States according to CFOs.

Hiring is expected to increase by two-point-one percent.  And Graham says wages are expected to rise by just under three-percent.  Close to 900 CFOs from public and private companies were questioned for the survey.