Employers are managing to boost production without creating new jobs. The question is when they’ll feel the need to ramp up hiring.
Squeezing more output from their existing staffs allowed companies to boost productivity in the October-December quarter. And last week, the number of people filing new claims for jobless aid rose. The two Labor Department [...]
Posts Tagged ‘recessions’
Companies boost productivity and put off hiring
February 4th, 2010 by Financial Writer
Tags: Dow Jones Industrial, productivity, recessions, unemployment, us economist
more...Dollar mostly lower as Fed official says ‘2012′
November 18th, 2009 by Financial Writer
The dollar mostly declined Wednesday, with the euro bumping up near $1.50 as a Federal Reserve official said in a speech that interest rates could possibly not rise until 2012 from their current record low near zero — if the Fed acts as it has before.
Lower interest rates can drive down the value of a [...]
Tags: business leaders, economic, fed, Federal Reserve, recessions, the dollar