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What's the fourth-quarter forecast for financial jobs?

Jared Bilski
by Jared Bilski
September 10, 2008
  • Accounting
1 minute read
  • SHARE ON

The picture for the economy may be bleak, but your peers aren’t cutting back. Accounting and finance departments are expected to beef up their hiring practices in the closing months of 2008.

Ten percent of CFOs plan to expand their finance teams in the fourth quarter, according to the survey by the Robert Half International Financial Hiring Index. And 5% revealed they were expecting staff reductions. The increase is up five points from the third quarter projection.

Other key findings:

  • 44% of CFOs expect to hire due to company growth
  • 41% of CFOs expect to hire because of increased workloads, and
  • 28% of CFOs said accounting positions are the hardest to fill.

Where will the most growth occur? CFOs in the East South Central (AL, KY, MS, TN) and New England (CT, ME, MA, NH, RI, VT) regions should see the largest growth — a net 7% boost in hiring for accounting and finance positions.

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CFO Daily News, part of the SuccessFuel Network, provides the latest Finance and employment law news for Finance professionals in the trenches of small-to-medium-sized businesses. Rather than simply regurgitating the day’s headlines, CFO Daily News delivers actionable insights, helping Finance execs understand what Finance trends mean to their business.

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