If last year was the worst of it, we survived its best punch and are still fighting. With [businesses] like us, it’s not about the exact unemployment rate – it’s about how many people are worried about losing their jobs. And the latter has definitely come down.
Vail Resorts CEO Rob Katz • Describing his decision to completely kill his $840,000 salary in 2009 – and knock executive pay by 10% or more – to prevent major layoffs. Katz plans to slowly revert back once the recession dies down – except he’ll cut his only salary by 15%. Awesome. • source
Is that kind of like a job fair? Feeling the pressure of a 10.2% unemployment rate and facing criticism that his policies aren’t creating jobs, Obama is trying something new. A jobs summit. Just bring your resume to the White House this December, and Obama finds you a job, personally. (Make sure you’re wearing a nice suit – no suit, no job.) That’s how it works, right? source