So why are more companies not yet hiring?
December 10, 2009 · Posted in Featured, Financial Crisis, Government, Political Issues, Politics, Rant, Social Change, Social Issues, Society, Things to think about, Thoughts on the economy, Topic Blogs
U.S. Workers are still filing a large amount of unemployment claims and this is after five weeks of declines in this area.
Where are the culprits and which industries are still hurting? It’s apparent as we have seen over the last year is that a gradual stabilization of the economy does not naturally translate to a increase in the labor market stability.
The gripping effects of the recession have no indications of going into a double dip as economist like to call it, trade gaps are narrowing, imports and exports are up, and yet bottom line profits are not improving.
Where are the jobs going and why even after the influx of billions of dollars in stimulus funds…the unemployment rate still hovers around 9-10%?
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