The folks who tell the folks at companies about how much money they have to spend have become more optimistic about hiring.
A new survey by Bank of America says that 47 percent of chief financial officers polled expect their companies to hire more workers in 2011, up from 28 percent in the same survey last year. On the reverse side of the jobs coin, only 6 percent foresee more layoffs in the new year, versus 9 percent last year.
The reason for their optimism? Growth. Sixty-four percent of CFOs expect revenues to expand in 2011, up from 61 percent in the survey taken for 2010.
The survey of 801 financial executives was conducted for Bank of America by Granite Research consulting between mid-September and late October. You can watch Bank of America's Laura Whitley discuss the findings on CNBC here:
"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.