Confidence Falls as CEOs Prepare for More Shocks

From NEWSMAX:

…This month’s stock market rally may have leavened the mood but it has failed to dent the world’s growing queue of jobseekers. Worryingly, that coincides with acute skill shortages in parts of the labor market and finding the right talent is a top concern for executives.

“Twelve months ago we were all looking forward to a pretty good 2011,” said Manpower Chief Executive Jeff Joerres. “Twelve months later, here we are in a completely different world.”

Only 40 percent of chief executives are “very confident” of revenue growth for their companies in the next 12 months, down from 48 percent in 2011, according a PricewaterhouseCoopers (PwC) survey of 1,258 CEOs published on Tuesday…

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