Unemployment hit 8.9 percent in April and some predict that number could climb to over 10 percent in 2009 as major companies streamline operations to combat the recession. But how far can this streamlining really go? For many companies, revenues hinge on worker productivity, and for most operations, per-worker profits and revenues are many multiples of average employee salaries. The measure of revenue per employee also helps shed light on a firm's money-making efficiency and likelihood it will retain jobs. The best companies require the least number of workers to make the most money.
All three major US indices had their strongest performance since the second quarter of 2003, when the Dow, S&P 500 and NASDAQ Composite were up 12% or higher for the quarter.... Read More
On the final day of the quarter, all three major US indices are poised for their strongest performance since the second quarter of 2003, when the Dow, S&P 500 and NASDAQ Composite were up 12% or higher for the quarter.... Read More