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Incentives to increase employment of Americans by companies.
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2011 Apr 6, 6:06pm 8,804 views 76 comments
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"That" meaning the job offerings available in the mortgage financing industry during the bubble. If even a $30-50/hr couldn't compete against "that," how could just about any manufacturing job. Those job openings were not 3-month only. They were year-round. The particular workers/staffers were still in college getting their BBA degrees; in other words, 19-20yr old kids without even a college degree! I
A straight story would be nice. It's 3 months a year, then full time not 3 months. It's B school students (B school is business school aka mba which is graduate level work), then it's 19-20 year olds without without a college degree. So you are saying these 19-20 year olds were abandoning your 100k a year job that may have been year round or may have been 3 months, whatever that mysterious job might have been, and walking in cold, with no back round or experience to the "mortgage financing industry" what ever that means and doing better than 100k out of the box. I stand by my first statement. BS. This doesn't wash. I would be willing to bet there were NO 19-20 year olds making 50+ per hour in the mortgage industry even at the peak. What were some of the job titles for these entry level jobs paying 50+ per hour?
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I may be naive here, but couldn't there be special tax incentives put in place, but for companies showing a net increase in hiring this year. It has been shown on other posts that companies are flush with cashm but are hesitating to hire new workers. Perhaps a major tax write off for the companies increasing US staff by hiring ... (I need to think this though...)