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cashinmattress

Globally 86% Of Companies Do Not Plan To Hire In 2014

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Do not expect to see too many 'Help Wanted' signs in windows next year. While 41 percent of U.S. companies expect an improvement in economic activity in 2014, only 19 percent of them say they expect to hire anyone, according to data published in WSJ.com's Real Time Economics blog.

As bleak as that may seem, it is still more optimistic than the worldwide total. Only 14 percent of all the 11,000 companies included in the global survey said they plan to add new jobs next year, and only 33 percent are optimistic about economic activity.

Add to that the recent accusations suggesting a Census Bureau employee faked jobs numbers and the perennial complaint that jobs numbers do not count everyone who is unemployed, and 2014 could still be hard on a lot of hands eager for work.

¡Ay, caramba!

Recovery my a$$.

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It sounds like a shocking stat, but without comparing with last years figure it's completely meaningless.

Maybe every company make their hiring decisions a month or so before actually hiring the staff, we could have that number be 100% and still have a healthy job market.

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Good news! More QE is baked in.

Maybe we underestimate Benrnanke's commitment to job creation- clearly his plan is to print so much money that an army of workers will need to be employed just to fill the cashpoints- or to help the customers carry their banknotes as they stagger away.

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