Parlez vous francais?
The average workweek is below 35 hours. The total hours worked are shrinking.
Big companies are announcing more layoffs. Small companies' hiring, the traditional driver of
employment, is MIA.
Fed officials will keep rates near zero because "the job prospects are grim".
Banks are not lending, consumers are up to their necks in debt and reducing their debt levels.
So this is a "rally" where companies are selling to uncle sam?
Labels: Economics



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