unemployment

Companies' financial bosses get more upbeat

Dec. 9, 2010 at 11:26 AM ET

new survey

Visit msnbc.com for breaking news, world news, and news about the economy"Despite the challenging economic climate, many CFOs have growing confidence that their companies have weathered the worst of the storm and are poised for expansion," said Laura Whitley, Global Commercial Products executive at Bank of America Merrill Lynch. "Although concerns about the economy remain, the increase in CFOs who expect to hire employees could be crucial to improving the nation's unemployment rate."Last week, the Labor Department reported that the unemployment rate rose to 9.8 percent in November, and the economy only added a measly 39,000 jobs.So if the survey's result come to fruition, it'll be good news for the more than 15 million jobless Americans looking for a job.

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