[Robert B. Reich] U.S. corporate recovery is more fragile than you think
Feb 16, 2011
At a time when corporate profits are through the roof, the Dow has reached 12,000, Wall Street paychecks are fat again, and big corporations are sitting on more than $1 trillion in cash, you’d expect jobs to be coming back. But you’d be wrong.The U.S. economy added just 36,000 jobs in January, according to the Bureau of Labor Statistics. Unusually bad weather may have accounted for some of the rel