Browsing Tag mega
Why Job Growth Remains Sluggish when Corporations are Recording Record Profits
By Philip Gimson at December 12, 2010 | 12:00 pm | 242 Comments
How is that corporate America just reported all-time record quarterly profits and yet job growth continues to crawl?
The answer is not as mysterious as one may think. If you hear the opinions of most employers and small and mid-sized employer groups, the problem comes down to uncertainty.
Any reasonable employer is only willing to move forward with job expansion when there is a reasonably predictable view of what the future holds in terms of economic conditions, benefit costs and the predictability of likely changes in tax regulations and government incentives.
[...read more]Business , Economy , Featured , Pennsylvania Issues , Political
