More CEOs Speak Out

Add Intel’s Paul Otellini and T. J. Rodgers from Cypress Semiconductor. Corporate America is courteous but firm: Government must back off before job creation will resume. On August 4, I mentioned my surprise that CEOs of business and industry have been speaking out on government policy issues. Here’s a link to that posting (which includes…

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Brain Drain

Pay in the U.S. declines, and pay in India goes up. Outsourcing company Genpact turns to Americans for cheap labor. Meanwhile, high margin intellectual positions stay overseas. On August 9, I published a piece called Crazy Talk in my Candidate Advisory blog. Crazy Talk It included this story… “Last week, I heard about an Indian…

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Laying Low Leads To Low-Balling

The Wall Street Journal doesn’t understand why companies can’t hire people for minimal pay. I’ve said before, “Tough Times” is an excuse that has outlived its justification. Wage pressures are headed our way. This morning, I saw my first reference to a Wall Street Journal article that you have probably seen by now: Some Firms…

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Emerson Electric Q3 Results – (EMR) 50.45

For job growth, we’ll need to hang around customers and contractors for Emerson’s Climate Technology division. Heating, air conditioning, and refrigeration is a big deal. Especially in China. Emerson is finally getting some traction, showing a significantly improved quarter, ending June 30. Revenue is up again. Gross Profits are up.  And management continues to push…

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