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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? |
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