President Barack Obama speaks about creating new energy jobs, February 16 in
Maryland.
Washington. - Job creation in the U.S. is stuck in an uphill treadmill.
So many jobs have been lost that the U.S. must run hard just to keep from losing more ground. Despite the election -year emphasis on job creation by both parties, the short term outlook is bleak.
While many economists believe the recession is technically over, nearly 15 million Americans remain unemployed. Six million of them have been out of work for more than half a year.
Hear in Britain the economists have yet to make up their minds about the recession being over, however, I'm sure increased unemployment will be around even when they decide that it is over.
General Motors has said chief executive Ed Whitacre will get an annual salary of $1.7m (£1.1m), plus $7.3m in shares at a later date.Whitacre's predecessor, Fritz Henderson, is being paid $59,090 a month as an adviser.
ReplyDeletehttp://news.bbc.co.uk/2/low/business/8525675.stm
General Motors has said chief executive Ed Whitacre will get an annual salary of $1.7m (£1.1m), plus $7.3m in shares at a later date.Whitacre's predecessor, Fritz Henderson, is being paid $59,090 a month as an adviser.
ReplyDeletehttp://news.bbc.co.uk/2/low/business/8525675.stm