It seems that UPS is following DST\'s example - profits up, employees out, so that execs can get even richer: The grim news on jobs confirms the reality that many economists are unwilling to face: American jobs continue on a steady downward slide, with no tangible signs of recovery. As if to epitomize this trend, UPS - that bellwether of the American economy - raised its 2010 earnings projections as it announced layoffs of 1,800 more of its 405,000 employees.
The first decade of the new millennium will go down in history as \"the lost decade\" in business. Consider the ugly facts:
\"Quick fix\" programs like those included in last winter\'s stimulus bill will not curb these long-term structural trends. ... http://online.wsj.com/article/SB10001424052748704259304575043141383413442.html?ru=MKTW&mod=MKTW