Description: 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
Source: NYTimes.com
ÂÂ
Date: 01/08/2011
Questions for discussion:ÂÂ
- Summarize the reasons given for slow growth in job creation.
- Do you believe that employment will return to the 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?
Leave a Reply
You must be logged in to post a comment.