The Federal Reserve’s latest move to help stimulate the economy should help fulfill its obligation “to help promote increased employment and sustain price stability,” Fed chairman Ben Bernanke said.
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2010
4
Nov
2010
9
Jun
In a move to measure its workforce not too long ago, Nationwide Insurance surveyed its 36,000 employees at the time. Its CEO was in for a shock. The single largest employment category had nothing to do with insurance and was instead “technology.” The story is told by Brian Fitzgerald, executive director of the Business-Higher Education Forum (BHEF), to dramatize the transformation of the U.S. workforce. At Nationwide, an entire upper tier of computer scientists had to be brought in from India because the company didn’t have enough in Ohio. “You can be selling insurance or manufacturing cars,” Fitzgerald says, “but almost every American corporation has been turned into a technology operation.”
2010
28
Feb
A wave of disappointing economic reports has revived fears that the recovery is unsustainable, upping the ante for this week’s batch of economic news, including the big February jobs report Friday.
