Bringing The World Home To You

© 2022 WUNC North Carolina Public Radio
120 Friday Center Dr
Chapel Hill, NC 27517
919.445.9150 | 800.962.9862
91.5 Chapel Hill 88.9 Manteo 90.9 Rocky Mount 91.1 Welcome 91.9 Fayetteville 90.5 Buxton 94.1 Lumberton 99.9 Southern Pines
Play Live Radio
Next Up:
Available On Air Stations

Duke Survey Says CFOs Expect More Hiring In 2016


There’s good news on the jobs front for 2016.  That’s according to the latest Duke University – CFO Global Business Outlook Survey.

Chief Financial Officers say they expect to increase hiring by about 2.4 percent in the New Year.  And wages should jump almost 3 percent.

But John Graham, a Finance Professor at Duke and director of the survey, says CFOs still struggle with finding qualified employees.

“When we ask CFOs to rank their top concerns from the world economy to you name it, number three on the list is difficulty finding and retaining qualified employees," said Graham.

Graham says, let’s keep in mind, these companies are looking for specific skill sets, like diesel mechanics and accountants.

Again, the good news, according to Graham, is that wages are increasing.

"Wages going up by about three percent that’s good, we’re gaining on inflation.  We’re making good progress there," said Graham.

On the global front, a majority of CFOs say they believe the refugee crisis in Europe will have a positive overall economic impact.  They say accepting migrants will help solve the looming demographic problems some nations face.

Overall, CFO optimism about the US economy  "remained steady... and remains among the strongest in the world."

Leoneda Inge is WUNC’s race and southern culture reporter, the first public radio journalist in the South to hold such a position. She also is co-host of the podcast Tested and host of the special podcast series, PAULI. Leoneda is the recipient of numerous awards from AP, RTDNA and NABJ. She’s been a reporting fellow in Berlin and Tokyo. You can follow her on Twitter @LeonedaInge.
Related Stories
More Stories