Friday, September 30, 2011

Employment Survey Looks Grim: Top CEOs See Less Hiring.

  • A risk to expand in this climate.
  • CEO reports to his stock holders.
  • It cost thousands just to hire and train one person.
Here is a clip from the report.
The Business Roundtable said Thursday that rising oil prices earlier this year, fears surrounding Europe's debt crisis and political wrangling over the U.S. borrowing limit have made the business and economic environment more uncertain.
Only 32 percent of the CEOs surveyed said they expect to spend more on long-lasting equipment, such as machinery and computers. That's down from 61 percent who said so three months earlier.
It seems all will have to wait for a drastic change in policy of Obama's, to start turning the economy around. More taxes is his remedy.
More from CBS NEWS.

No comments:

Post a Comment