Finance Pros Predict Little Hiring in 2010


More evidence that the U.S. may be facing a jobless recovery emerged Thursday as the Association of Financial Professionals reported that more than a quarter of surveyed respondents say their companies will continue to cut payrolls in 2010, and only 25% expect their payroll numbers to return to pre-recession levels by 2011. What's even more disturbing is that 30% of financial professionals surveyed don't ever expect their companies to return to pre-recessionary payroll levels.