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Archive Home > 2010 > August > 21 > Despite cash, profits, CEOs say demand won’t justify adding jobs

Despite cash, profits, CEOs say demand won’t justify adding jobs

By Neil Irwin / The Bulletin
August 21, 2010

CHICAGO — Corporate profits are soaring. Companies are sitting on billions of dollars of cash. And still, they’ve yet to amp up hiring or make major investments — the missing ingredients for a strong economic recovery.

Many Democrats say the economy needs more stimulus. Business lobbyists and....

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