TITLE

Jobs Data Reflects Fears of Hiring

AUTHOR(S)
Markham, Dan
PUB. DATE
August 2010
SOURCE
Metal Center News;Aug2010, Vol. 50 Issue 9, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports slow recovery of employment in companies across North America despite improved sales and earnings in 2010. Reliance Steel and Aluminum Co. president Gregg Mollins states they are very mindful of the deep budget cuts they made in their operations in 2009 and very hesitant to add payroll. The U.S. Bureau of Labor Statistics states that total nonfarm payroll employment has declined by 13,000, with an unemployment rate of 9.5%.
ACCESSION #
53431534

 

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