Career Calling

July 28, 2010

Corporate Profits Up – Not Hiring

Writing in Common Dreams, former Labor Secretary Robert Reich analyzes the relation between corporate profits and unemployment.  We’d expect companies with profits to be hiring and expanding operations.  Many large companies are expanding – outside the U.S.  Reich explores the dilemma of a country in which companies won’t hire until consumers spend, and consumers can’t spend if they have no jobs.

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