KQED Nightly Business Report December 8, 2012
Tax hikes and Government Spending cuts set to start next year, why arent more firms postponing hiring decisions . What were hearing from businesses is that it is really hard to actually pull back hiring right now, because theyve already fired so many workers, gotten so lean that its really difficult. Reporter but not all the surprises in the report were good. At 7. 7 , the Unemployment Rate hit its lowest level since december 2008. But that was mostly due to people giving up their search for work. And theres another disappointing trend, weak wage growth. What we are not seeing is strong income...