CFOs Believe There is Still Hope for Careers in Business


29 January 2010
 There still may be jobs for people in the business field
The road to recovery for the American economy has been a long one. Many businesses have posted large losses that have caused hiring freezes and layoffs around the country. While some fields such as the auto industry has it off worse than others, overall, there is a lull in the economy. However, many analysts said they felt that 2010 would be a good year for business, and those with a career in business would see dramatic improvements.

A recent survey conducted by Financial Executive International found that a number of chief financial officers (CFOs) are becoming increasingly optimistic about the economy and that they plan to continue to reboot the economy.

Many answered that the job market may also be on the road to recovery, as 44% of respondents said they would consider hiring more employees and 62% did not foresee any layoffs occurring in their company within the next year. Additionally, 77% said they had originally imposed layoffs because budget constraints forced them to.

According to the Bureau of Labor Statistics, the national average wage for individuals with a career in business is nearly $65,000.ADNFCR-1502-ID-19588361-ADNFCR

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