Caterpillar is among companies adding workers

Posted April 2, 2010 at 12:03 p.m.

From Bloomberg | Peoria-based Caterpillar Inc. is among companies adding staff, indicating that the economic recovery that began in the second half of 2009 is starting to produce the jobs needed to lift consumer spending and sustain the expansion. Still, unemployment may be slow to recede as more people enter the job market, giving the Federal Reserve scope to hold its benchmark interest rate near zero in coming months.

Get the full story: businessweek.com.

 

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