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CFOs EXPECT 2ND-QUARTER FINANCIAL HIRING TO REPEAT PROMISING 1ST- QUARTER; RESPONDENTS BULLISH ON SOUTH ATLANTIC, MIDWEST, SOUTHWEST

 MENLO PARK, Calif., March 11 /PRNewswire/ -- Chief financial officers (CFOs) polled in Robert Half International's (NYSE: RHI) quarterly financial hiring survey carried their optimistic first- quarter outlook into the second quarter of 1993.
 Nine percent said they expect their companies to increase hiring of accounting and financial personnel during the second quarter. Five percent said they expect to decrease their company's staff size, resulting in a net positive hiring response of 4 percent.
 In addition, the survey found that 82 percent of respondents expect no change in staffing activity during the second quarter of 1993. These percentages show no statistically significant difference from those reported in the first quarter of 1993.
 The national survey polled 1,000 chief financial officers, who were randomly selected from all U.S. companies with more than 20 employees. It was conducted by an independent research firm and developed by Robert Half International Inc., the world's largest staffing services firm specializing in the accounting, finance and information systems fields.
 "Anticipating continued improvement in the economy, but still uncertain about the effects of the Administration's economic package, companies are maintaining the strong hiring levels that we saw last quarter," said Max Messmer, chairman and chief executive officer of Robert Half International.
 The survey also compared responses geographically, and by industry and company size. Small- and medium-sized firms were more likely to hire, as compared to larger firms with more than 100 employees.
 Accounting and Financial Hiring -- by Industry
 The CFOs predict staffing increases will be spread out more evenly among industries during the second quarter than they were in the first. Finance, insurance and real estate, as a group, will continue to show the strongest hiring activity. Fourteen percent of respondents in this sector anticipate increases, compared with only 5 percent expecting a decrease.
 Meanwhile, 13 percent of CFOs in the retail and wholesale business and 6 percent in construction, believe hiring will increase in their industries during the second quarter.
 Accounting and Financial Hiring -- by Region
 The strongest region for financial hiring during the second quarter is the South Atlantic, where 13 percent of respondents anticipate staffing increases and only 2 percent foresee a decrease.
 Other regions likely to show strong increases are the West South Central, with states such as Texas and Oklahoma; and the East North Central, with Ohio, Illinois and Wisconsin, among others.
 "For the second consecutive quarter, states in the South Atlantic are projecting strong hiring activity," said Messmer. "Florida, for example, is seeing a boom in construction and real estate due to reconstruction following Hurricane Andrew. And with renewed confidence in the economy, the Carolinas are witnessing increased hiring in manufacturing, banking and high-technology."
 Robert Half International Inc. was founded in 1948. The New York Stock Exchange-traded firm has two major financial staffing divisions -- for permanent employment, Robert Half; and for temporary employment, Accountemps. The company has more than 150 offices in the United States, Canada and Europe.
 -0- 3/11/93
 /EDITOR'S NOTE: Graph available upon request./
 /CONTACT: Lynn Taylor of Robert Half International, 415-854-9700/
 (RHI)


CO: Robert Half International Inc. ST: California IN: SU:

BP-JL -- SJ005 -- 4954 03/11/93 08:02 EST
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Date:Mar 11, 1993
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