Job Market Monitor
Corporation
US / The majority of lowest-paid workers are employed by large corporations
The majority of America’s lowest-paid workers are employed by large corporations, not small businesses, and that most of the largest low-wage employers have recovered from the recession and are in a strong financial position. Specifically: * The majority (66 percent) of low-wage workers are not employed by small businesses, but rather by large corporations with … Continue reading
US – Corporate Profits decreased $6.4 billion in the first quarter, a very bad news for private sector non-farm employment
Profits from current production (corporate profits with inventory valuation and capital consumption adjustments) , in contrast to an increase of $16.8 billion in the fourth quarter. Current-production cash flow (net cash flow with inventory valuation adjustment) — the internal funds available to corporations for investment — decreased $123.9 billion in the first quarter, in contrast … Continue reading
U.S. | Who is really creating job ?
For the last four decades, U.S. corporations have been sinking our economy through the off-shoring of jobs, the squeezing of wages, and a magician’s hat full of bluffs and tricks designed to extort subsidies and sweetheart deals from local and state governments that often result in mass layoffs and empty treasuries. We keep hearing that … Continue reading
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