Private employers have added 863,000 jobs this year. The recovery is happening but it is very slow and is much slower for the average American when compared to the stock market. Productivity and profitability is at all time highs for corporations but they there is not rapid job growth. I think corporations are holding the American economy hostage until they get the people to agree to even more favorable measures towards large business and wealthy Americans. Perhaps then the wealthy and their corporations will CONSIDER lending, investing, and expanding. Until then they save......and American hurts because of it.
Friday, October 8, 2010
Graph of the Day - October 8th
Private employers have added 863,000 jobs this year. The recovery is happening but it is very slow and is much slower for the average American when compared to the stock market. Productivity and profitability is at all time highs for corporations but they there is not rapid job growth. I think corporations are holding the American economy hostage until they get the people to agree to even more favorable measures towards large business and wealthy Americans. Perhaps then the wealthy and their corporations will CONSIDER lending, investing, and expanding. Until then they save......and American hurts because of it.
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