Yesterday, Fox News reported that Starbucks will create 700,000 jobs. The company will spend $581 million on these jobs, which range from restaurant workers to senior managers.
This will have a material impact on the unemployment number. You'll see it go down. It really doesn't mean that the situation will have changed much. There are still 14 million Americans who are not working.
This is just tip of the iceberg, 14 Million : 700,000 Jobs ?
ReplyDelete