Investors cited concern about corporate earnings and dismissed a generally positive employment report for September.
Only one in five businesses practise "age positive" employment policies, the survey showed.
When do you think we'll return to positive employment growth?My guess is that we'll return to positive employment growth in 2010 Q1.
It's no surprise that he lacks enthusiasm for positive employment reports that show job growth.
At Forbes, Bryce Covert makes a case for emphasizing the positive employment impact of the proposed policy.
January's positive employment data doesn't assuage long-term concerns about job growth | A man who pays more in taxes than he makes in a year.
"We had hoped that at this point we would be seeing positive employment growth," said William J. Schultz, chief investment officer for McQueen, Ball & Associates.
Stocks plunged yesterday, led by declines in financial and technology stocks, as investors worried about corporate earnings disappointments and dismissed what was generally a positive employment report for September.
Though the surprisingly positive employment report was not enough to persuade Fed officials that the job market had begun to recover, it corroborated evidence of rapid growth in factory production and buoyant expectations of business executives.
The positive employment data from November are probably the last piece of confirmation the members of the committee were waiting for," said Kay Daniel Neufeld at the consultancy the Centre for Economics and Business Research.
The Dow Jones industrial average and the Standard & Poor's 500-stock index rose last week, withstanding the vagaries of a week overshadowed by the Republican National Convention, an unsurprising but mostly positive employment report and surprisingly negative news from the chip maker, Intel.
