Corporate profits rise while unemployment continues

Tri-State Defender

02-04-2004

While government and corporate economist continue to insist that our
economists is turning around and the good times are about to return,
millions of Americans remain unemployed and unable to find jobs. Indeed
corporate profits are rising, but companies are not hiring. During the
month of December, economic analysts predicted that about 125,000 people
would be hired. Instead, the number of jobs added nationwide during the
month of December was a meager 1,000. Meanwhile, investors were rushing
back into the stoc