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Re: langlui post# 87352

Friday, 02/26/2010 9:09:29 AM

Friday, February 26, 2010 9:09:29 AM

Post# of 160315
Langui re: "But here's the good news. Given the recent rebound in corporate profits the U.S. has already experienced, there is a very high chance that employment will get better over the coming twelve months. One can't stress enough the fact that employment is a lagging indicator:"

A very critical point to this equation is how Corporations are turning a profit. The majority of them are currently turning a profit by reducing overhead expense (reducing their compensation expense by laying off workers).

We will NOT see a positive effect on the employment #'s, until this formula includes Corporate profits being driven by a material increase in revenue (instead of expense reductions).

Just my 2 cents....

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