Largest U.S. Companies Experience Steep Earnings Increases, Less Job Creation
"Warren Buffett On Taxes, Job Creation, The Coddled Money Class And Shared Sacrifice"
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"Automation, Robotization, Software-Enhanced Productivity and Permanent Job Loss"
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For largest U.S. companies, jobs growth has lagged profits, revenues. "Firms reaped the benefits of globalization, technology, and other ways to operate more productively....The data highlight a central question....Has the nation's ability to generate well-paying jobs in manufacturing and other sectors been fundamentally scarred by changes in the global economy that may predate the 2008-2009 economic crisis but were more starkly revealed in its aftermath. The answer could have major implications for economic policy decisions, such as how long the Fed keeps interest rates at very low levels to stimulate jobs growth." Howard Schneider in Reuters
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