Description:Ã‚Â To gaze upon the world of American corporations is to see a sunny place of terrific profits and princely bonuses. American businesses reported that third-quarter profits in 2010 rose at an annual rate of $1.659 trillion, the steepest annual surge since officials began tracking such matters 60 years ago. It was the seventh consecutive quarter in which corporate profits climbed
Questions for discussion:Ã‚Â
- Summarize the reasons given for slow growth in job creation.
- Do you believe that employment will return to theÃ‚Â levels that were normal in the past?
- How should employers and employees respond to these new economic conditions?
- What are the long term prospects for economic growth if employment levels remain low?