If you watch the media and their commentary regarding the lackluster employment figures, you would think politicians are to blame for the slow recovery.
Your blame is misplaced. If you look at corporate profits, they are good. So why aren't they hiring more people? These big companies have been given every chance to grow their business but they are still playing defense. Employees and people looking for work are paying the price.
If you are looking for work then you know how rough it is. Those with employment wish their company would start hiring because hours are extremely long and pay is stagnant.
For those of you saying "what about small business?" Well, if the big companies who anchor a community's economy don't hire, that trickles down to small business having to shut their door.
So if you want to blame someone for the almost 10% unemployment rate, blame the companies making money hand over fist at the expense for the recovery.
Saturday, June 5, 2010
Subscribe to:
Posts (Atom)
