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Harry[_2_] Harry[_2_] is offline
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First recorded activity by BoatBanter: Dec 2009
Posts: 2,249
Default the future of america

bpuharic wrote:
conservatives are getting everything they want for the middle class:

http://www.msnbc.msn.com/id/34769831...iness-careers/


The forecast for the next five to 10 years: more of the same, with
paltry pay gains, worsening working conditions, and little job
security. Right on up to the C-suite, more jobs will be freelance and
temporary, and even seemingly permanent positions will be at greater
risk. "When I hear people talk about temp vs. permanent jobs, I
laugh," says Barry Asin, chief analyst at the Los Altos (Calif.)
labor-analysis firm Staffing Industry Analysts. "The idea that any job
is permanent has been well proven not to be true." As Kelly Services,
CEO Carl Camden puts it: "We're all temps now."

All that cutting has been good for corporate profits. Earnings
rebounded smartly as companies kept payrolls down after the 2001
recession; by 2006 profits had hit a 40-year high as a share of
national income, at 10.2 percent, according to Bureau of Economic
Analysis data.


Being an investor, you must be pleased. No?