Thursday, August 20, 2009

Stocks of job placement firms soaring!

Forecasts for a jobless recovery abound and, admittedly, the job market is still looking pretty weak.

So why are the stocks of job placement firms like Monster Worldwide and Korn Ferry doing rallying? Could they be indicating that things are about to improve?

1 comment:

kbob said...

Wow Mike you are a totally blind. Open your eyes. Every stock on the planet has gone up since the beginning of March. A rising tide lifts all boats. It does not mean anything. Wow I can't believe you actually are trying to interpret the rising monster stock as if it's a positive sign for future 'job growth'. What a nutty analogy. That's like saying, because Citigroup and Ford have gone several hundred percentage points since March, that they are pointing to a recovery in banks and autos.