I've read several interesting articles on jobs lately and things don't sound good. Cisco just announced they're laying of several thousand high tech, skilled employees in order to cut costs. McDonald's on the other hand is hiring 10's of thousands of new employees. If you're in Washington, DC you would say that's a net gain in jobs but is it?
Each $100k plus job at Cisco does more to help the economy than a dozen minimum wage McJobs. We are continuing our economic downward spiral and I'm worried for my kids and grandkids.
Let us pray.
Friday, May 13, 2011
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