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corporations lose faith in profits and markets


August 13, 2010  2:30 PM

More on the Joyless Recovery

Posted by: Ed Tittel
corporations lose faith in profits and markets, flat employment situation drags consumer confidence down, joyless recovery

Well, I've certainly heard our current economic and employment situation described as a "jobless recovery" — namely a set of economic circumstances where profits and output or productivity are growing, but where such growth has not buoyed confidence to the point where employers loosen their...


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