In “U.S. Economy Has a ‘ Royal Straight Flush’ – Jamie Dimon,” CNNMoney reports that
when asked why, at a time of record profits, Corporate America isn’t hiring more, [JP Morgan CEO James] Dimon said American businesses had added 4 million jobs in the past two years.”
What he failed to mention, however, was that Corporate America had shed 8 million jobs in the two years before that, based on data on total private payrolls from the U.S. Bureau of Labor Statistics (i.e., Series … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards