WASHINGTON (AP) — New and smaller companies, more than the big multinationals surveyed by the roundtable, tend to drive job creation, particularly in economic recoveries. Businesses with fewer than 500 employees have created about 65 percent of jobs in the past 20 years.
Two-thirds of chief executives of the largest U.S. companies say they don't plan to increase hiring or will cut staff in the next six months, mainly because of sluggish growth in the United States and financial turmoil in Europe.
Posted by Bobb, a resident of the Another Pleasanton neighborhood neighborhood, on Dec 14, 2011 at 1:07 pm
Oh, but the large corps will continue growing, creating jobs and making huge profits.
We'll continue giving them tax breaks so they can invest in China and India. Middle class will continue shrinking, since we cannot compete with the wages paid over there. Once our economy is really in the dumps, and we are no longer of interest to them, Corporations will change strategy. Tey will probably start manufacturing in Africa and do to Asia what they did to the US.
Posted by Steve, a resident of the Parkside neighborhood, on Dec 14, 2011 at 1:14 pm
Bill, I know you're being sarcastic, but there will always be jobs in the trades for anyone with the aptitude to work with their hands. It seems as though there's no emphasis in school to even consider being a plumber or electrician, etc., even though they make good money and are in short supply.
Posted by SCUBAMom, a resident of the Highland Oaks neighborhood, on Dec 14, 2011 at 3:34 pm
Steve has a good point. We will always need plumbers, electricians, teachers, nurses, doctors, Fireman. It's just too bad the Republicans don't want any more government jobs (i.e. Fireman, Teachers, etc.!)
Posted by Steve, a resident of the Parkside neighborhood, on Dec 14, 2011 at 4:00 pm
Scuba, you sure went off on a tangent quickly. In fact, you turned the entire premise around 180 degrees. With businesses offshoring and generally not hiring, the last thing this country needs is majority of its employees on the taxpayers dime. Who will be paying for this increase in govt spending? I was pointing out private sector jobs, in demand, that don't require the involvement of big govt.
How about we focus on something positive that doesn't require handing over control of the dwindling pot of taxpayer with holdings, along with more govt control?
Posted by One of the shrinking few, a resident of the Another Pleasanton neighborhood neighborhood, on Dec 14, 2011 at 11:26 pm
Steve, you're right, if a high schooler is without direction, they get pushed into college....to become a 'professional'. Then they either drop out or run up loans...loans they won't be able to pay back as a mediocre whatever. Maybe could have been a happy debt-free beautician or plumber.
again, you were right that we cannot have a country of growing PUBLIC employees cutting the pie into a million pieces, being fed (funded) by the few shrinking private sector workers. Eventually, Who would the public employees suck off of ?
Posted by SCUBAMom, a resident of the Highland Oaks neighborhood, on Dec 15, 2011 at 8:20 am
If my house was on fire, I wouldn't want to see if my neighbors would help me. I'd call the fire dept. If you think no one loves you, remember that fireman risk their lives every day for us. Teachers are the ones that get us motivated to get education. They are not paid enough for all the work they do, they teach because they love to teach. People are constantly complaining about the fire dept. and police force laying off employees. I'd rather have the fire dept., police force, and teachers not taken for granted.
Posted by SCUBAMom, a resident of the Highland Oaks neighborhood, on Dec 15, 2011 at 8:30 am
Steve, sorry about turning the entire premise around 180 degrees. I work for a huge company and the bean counters cut us down to a skeleton crew last year. Things happen though and now they are back pedaling. Most large businesses have bean counters that like to cut back but keep production going full speed ahead. Personally, I'd rather spend my money downtown Pleasanton than go to the bigger stores, because I want to keep it alive. It's one thing about Pleasanton that I actually liked when I first moved here. It had nothing to do with Hacienda business park.