Employers not rattled yet by "fiscal cliff"

Posted by on Jul 08, 2012

NEW YORK (Reuters) – American employers are keeping their fingers crossed that politicians will steer away from a “fiscal cliff” of major tax hikes and spending cuts in early 2013, and, so far at least, have not gone back to a defensive recession-mode. Executives are prepared to reduce hiring or staffing if need be, but they say they are counting on the U.S. Congress to strike a last-minute deal

Continued:
Americas short

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