U.S. Companies Remain Wary of Hiring
Consumers in the U.S. are more confident about the economy, and housing is showing signs of life. Companies in the Standard & Poor’s 500-stock index, excluding banks and utilities, are rolling in cash: $1.01 trillion in the first three months of 2012, a near record. So it wouldn’t be far-fetched for American companies to take advantage of these developments in a traditional expression of confidence. You know, hiring.
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