View Single Post
Old 10-03-2009, 11:38 AM   #14
spence
Registered User
iTrader: (0)
 
spence's Avatar
 
Join Date: Nov 2003
Location: RI
Posts: 21,466
Quote:
Originally Posted by Fly Rod View Post
As economy gets better companies would be hiring unemployment would go down.
There's a big lag.

Companies are able to sell from existing inventory (or product ideas) and have streamlined their processes to do more with less. Others have simple gone away.

Jobs require real growth, and the confidence that the growth is going to be sustained. Right now most companies are just starting to climb out of the fox hole.

-spence
spence is online now