Word: firms
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...carmakers have turned the corner. Despite stimulus measures, the country's overall car in January were down 14% compared with the same period a year ago (U.S. sales fell 37%). The government has targeted a 10% expansion this year. But Michael Dunne, a Shanghai-based analyst with research firm JD Power, estimates that based on January figures, the mainland's auto market this year will shrink for the first time in 20 years...
...that shift back to large companies as the major force behind jobs generation can take years. The lesson for the short-term seems to be that small companies are a better bet for work. Just be careful of applying the trend to any specific firm. Small companies on average may not be shedding as many jobs as large ones, but smaller companies are by their very nature volatile-looking at aggregate numbers hides all the instances of companies growing insanely quickly or imploding into nothingness. It's still the case that most people work for large companies: 45% at firms...
...that one was dragging him down, down - until there was nothing left to do but pay a visit to the bankruptcy attorney. " I would bet a majority of people are only a few paychecks away from being in this office," says Brent Westbrook, a partner in Wagoner's firm...
...crisis in the late 1980s and early 1990s, 747 banks and S&Ls failed. Taxpayers pay to protect bank customers' money, as is true with any bank failure involving FDIC-insured deposits. A taxpayer with $100,000 of insured cash in his local bank might get lucky. If the firm goes under and his deposits are saved by the FDIC, his years of paying taxes will come back to him with a profit...
...Economist Jim Walker of Asianomics, an independent research firm in Hong Kong, argues that what appear to be signs of recovery in China are in fact indications that the country might be headed for long-term problems. Walker believes that Chinese policymakers aren't allowing the economy's excessive and unnecessary industrial capacity to die off naturally, keeping alive sick companies that could drag down the economy in the future. "By throwing money into the economy ... Beijing is running the risk of turning a nasty cyclical downturn into a structural problem that will take years to unwind," Walker writes. "Beijing...