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Thread: Companies Pile up Cash but Remain Hesitant to add Jobs.

  1. #1
    Havakasha is offline

    Companies Pile up Cash but Remain Hesitant to add Jobs.

    What do you think about this S&L?

    http://www.washingtonpost.com/wp-dyn...l?hpid=topnews

  2. #2
    SiriuslyLong is offline
    Guru
    SiriuslyLong's Avatar
    Joined: Jan 2009 Location: Ann Arbor, MI Posts: 3,560
    Quote Originally Posted by Havakasha View Post
    I think the article is pretty fair and balanced (from what I could read of it, my browser stalled several times). Uncertainty is indeed a culprit. If Obama did something corporate friendly to lessen the uncertainty, that would surely help.

    As I have said before, my company keeps on hiring. Six new people this week. Two salaried and 4 hourly. You should see their credentials - very good. They'll be out of here if the economy really heats up. On the other hand, my company pays well and has great benefits and still provides a generous match on the 401k as well as a 3% EDRP which is 100% vested as soon as it is posted.

    The jobs will come. This earnings period is going to help. Just like I told Big Ben.

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