Only 4.2 Jobs Created for Each Million Dollars Profit

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Private job openings per million dollars corporate profit continues its catastrophic decline. For each million dollars in profit gained by a corporation, only 4.2 jobs are created. This is 73.9% lower than April 2011 and 93% than four years ago in April 2008. Essentially, although companies are making more money, they are essentially not creating jobs with increases in profitability.

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One Response to “Only 4.2 Jobs Created for Each Million Dollars Profit”

  1. tom paper Says:

    I would be curious to see what the graphs and data look like for private job openings and corporate profits…

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