- New ETFs
- Bond ETFs
- Currency ETFs
- Emerging Market ETFs
- Commodity ETFs
- Broad U.S. Equity ETFs
- Sector ETFs
- Specialty ETFs
Shares of Kelly Services (KELYA), a temp to hire agency that staffs professionals to the financial services industry, surged higher last Friday to $16.34 a 1-1/4 year high. Banks and large firms continue to grease their CEO ‘s with million dollar bonuses while staffing their companies with temps. Sound like a great economic recovery plan.
“There is also the new trend of companies hiring people as “consultants”. They hire desperate, highly skilled and educated professionals to work for their company on a temp basis. They pay no benefits, vacation and have the right to release you without notice for any reason. Many reputable firms and banks use this practice to lower their costs and get more bang for their buck since the amount of available talent out there far exceeds the number of jobs.” - As I stated last week in my article “Unemploymnet 9.7%...I Don’t’ Think So!!!”,
It looks like Wallstreet is back to their old tricks. They have found another way to scam the American working class and line their pockets in the process.