But don't expect hiring to follow
(NEWSER) - Recession or no, US corporate profits hit an all-time high of $1.66 trillion in the last quarter, reports the New York Times . It's the highest figure since the government began tracking the stat more than 60 years ago, though it trails the record set in the third quarter of 2006 when adjusted for inflation, notes the Washington Post . Either way, all this profit means companies will be busting to hire people, right? Not so much. More»
