Uncertainty and Unemployment

Uncertainty and Unemployment

Yet more indications that it's uncertainty that's impeding job creation.

But a key reason executives give for not expanding and diversifying their operations and adding more aggressively to their staffs is less tangible, but often cited: Uncertainty.

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But the employment outlook won't improve until employers' confidence in the future, and in their future business, grows to a higher level.

"American businesses respond well to certainty," said Jonas McCormick, managing partner of financial firm Deloitte & Touche LLP in Phoenix. "That certainty could be good news or bad news. But at least when they know what it is, they know how to react and how to respond to it.

"What American businesses don't respond well to is uncertainty."

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