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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 386.88

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Dec 3 4:00 PM EST

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To: KyrosL who wrote (85624)	1/13/2012 7:28:47 AM
From: Snowshoe	Read Replies (1) of 218168

Hiring Logjam Breaks as CEOs Plan for U.S. Growth bloomberg.com GE, based in Fairfield, Connecticut, will meet higher demand for more energy-efficient appliances with new production of water heaters and refrigerators in Louisville, Kentucky. A union agreement in 2010 to cut hourly starting salaries to $13 and to increase efficiency helped bring back work to the U.S. from China and Mexico. “Throughout the first quarter, we’ll be bringing people in,” said Dirk Bowman, general manager of manufacturing for GE’s appliance unit who welcomed some new workers at a factory in Louisville, Kentucky, to clapping and cheering at 6 a.m. one day this month. “It feels great.” ***** Martin Holdrich, senior economist at Woods & Poole Economics Inc. in Washington, said the factory-hiring rebound suggests a recovery in manufacturing employment toward pre- recession levels of 14 million jobs at the end of 2006, from fewer than 12 million last year. Concerns that those losses would all be permanent were overstated, he said.

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