Paul R. La Monica–Earnings look good. But where are the jobs?

But riddle me this, Bat-readers. If companies are so jazzed about the future, why is the economy still mired in a jobless recovery that some fear could lead to a double-dip recession?

Companies are talking a good game about the worst possibly being over for the economy. Deep down though, executives must know that the sovereign debt problems in Europe and continued signs of sluggish consumer spending and weak U.S. housing market could keep a lid on any rebound.

The sad reality is that many companies appear to be getting used to, at best, doing more with their current workforce. In some cases, they are doing more with less.

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Posted in * Economics, Politics, Corporations/Corporate Life, Economy, Labor/Labor Unions/Labor Market, Stock Market, The Credit Freeze Crisis of Fall 2008/The Recession of 2007--