CFO survey: Memphis finance jobs will be harder to find in 1Q
Memphis Business Journal
The job market for accounting and finance professionals in Memphis is expected to tighten in the first quarter, according to a survey by Robert Half International Inc.
7 percent of chief financial officers surveyed said they anticipate layoffs in first quarter 2009, according to the survey.
In the fourth quarter, 8 percent of CFOs surveyed planned to add staff while 7 percent anticipated reductions. The majority of respondents, 84 percent, anticipated no change in hiring.
The results are based on the responses of 200 local CFOs from a random sample of Memphis area companies with 20 or more employees.
Nationally, the survey found that 9 percent of CFOs expect to add full-time staff in the first quarter while 8 percent expect a decrease. 82 percent said they would make no changes.
California-based Robert Half (NYSE: RHI) has been tracking financial hiring activity in the U.S. since 1992. It places accounting and finance workers in temporary and contract jobs.
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