Tuesday, August 30, 2011

"Why hire? We're making money anyway!"
There's no question that many companies are doing more with less these days, and it appears that in some cases that's also extending to their profits. Sageworks Inc., which provides financial analysis of privately held companies, crunched the numbers and found that profit per employee at privately held companies has chugged substantially upward over the past couple of years.
It's a jobless recovery - even with 19 consecutive months of positive private-sector job growth. Employers have realized they can make more money with less employees.

When some one asks you if you're better off than you were three years ago, you should be able to say yes unless you're one of the people who is either unemployed or under-employed because of the George W. Bush Great Recession. It takes time to dig out from a Republican.