Quote:
Originally Posted by Fly Rod
Sorry, I can not believe the economy is getting better, not with unemployment growing.
As economy gets better companies would be hiring unemployment would go down.
I do not see this happening.
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My thoughts on jobs and business spending.
Companies are buckling down. Sales may have moderately increased and expenses have been reduced as much as possible. Companies are possibly getting back into the black and as such, are preventing any increase of expenses to appease shareholders.
It's October and all big companies have already positioned themselves for their end-of-year reports. Retailers are seeing more traffic, but consumer spending is still low.
I predict that job growth will continue to slightly decrease and maybe flat-line in December as companies try to squeeze out every possible expense leading up to the end of the year to show them in the healthiest possible situation leading into 2010.
I'd guess starting in Jan-Feb job growth will start to increase.