Also the Postal Service is closing half of their distribution centers which will prompt massive lay-offs. Yet mainstream media is still trying to convince the sheeple that the employment picture is improving.  Sure, just like:

 War is peace

ignorance is strength

slavery is freedom

 I think you get the idea.........

The U.S. allows guest workers from Mexico to work here in an obscure setup where by the company sponsers them. These are not low paying service jobs. I am an A&P mechanic who works on the planes you fly in. My last manager was a Mexican citizen. Over a quarter of the work force were Mexican nationals. Basically it keeps wages low. The pay for professional aircraft mechanics is about the same as it was in 1991 when I got my FAA license. Factor in inflation and you can see my point. I think the occupy wall streeters had a good point. It,s the corporations that are starving us to death with the help of our elected officals they own. This is not America!

I'm afraid you're mistaken, RICH NYC.

It's become a regular thing for the Obama Administration to make announcements about improvement in job creation, consumer spending, GDP growth, etc.

They know that they can depend on their media wh0res (like NBC) to splash the "good news on the economic front" all over the place.

Then, a couple of weeks later, there is usually a quiet announcement, most often late in the day on a Friday, "adjusting" the numbers downward. Of course, these "adjustments' get very little media attention.

getting rid of good paying middle class jobs with benefits.

but hey lets all be happy. they are creating poverty level jobs

with no benefits or retirement. hooray for corporate america

and wall street.

usairways just got rid of good paying jobs in seven cities, the work is still

there, its just now being done by a british company with SCAB labor, paying $7.50 hr with no

benefits, because of two rounds of bankruptsy and paid off judges to

bust union contracts. by the way usair is making money, no justification for doing what they did.

except maybe to keep giving astronomical bonuses to the executive "talent pool" that put them in bankruptcy in the first place.

Pepsi may reduce pension contributions in order to boost its earnings. nice!! screw the workers first and foremost for earnings.

eight consecutive quarters of year-over-year revenue gains and is on track to see its fiscal 2011 earnings jump about 37% from 2008 numbers.

how much more earning do they need or due they just want to move jobs over sea's.

sorry people keep eating them fatty food snack and slurping down the teeth rotten junk.

I love the Americans who complain about their jobs being outsourced. They complain when their jobs go to a third world country but when they go shopping they buy their clothing made in the 3rd world, groceries from outside the USA, electronics from Asia, refuse to drive an American car, and all home improvement products and tools from Asia, and major appliances from outside the USA. I guess they feel that their job is special and should not be outsourced but screw everyone else's job because I am special and I did get a good deal.

Hell, look at the last election. We had a war hero who was shot down in enemy territory over Vietnam, captured, and tortured. The brilliant American public who did not like Bush and Dick Cheney decided to vote for Dick Cheney's cousin, the radical black that hates whites, did not grow up in the US, was friends with Bill Ayers, and maybe not even a Natural Born US Citizen since his father was not a citizen at birth. The idiots that hated Cheney went and voted for his puppet cousin who carried on his agenda.

At the same time these flag waving idiots in this country keep telling everyone to love and respect veterans but they pissed on a war hero during the last election and elected the opposite. I guess the American public should keep watching football and reality shows, reading people and worrying about who some actress or actor is screwing.

Rather than reading People or propoganda from Repubs and Dems or watching idiots on MSNBC or FOX, try reading the Constitution.

Now that Christmas is over, wait for January numbers.

Jobs should only be those that provide an income that would allow a single income to support a family of 4,  Any thing less would have to be negative growth.

Why are temp jobs even counted?  Why not base job growth on income taxes collected each week?  At least you would have a better look at the increase of income and if people are going to buy more and generate new growth.

"So Pepsi isn't in dire straits. It's just squeezing employees to impress Wall Street because it lacks confidence"

And people continue to CON others by saying that Wall Street isn't in control.  Another 4000 people losing their jobs ONLY to boost the bottom line to WALL STREET doesn't punish their stock, so the PIG FAT PIGS at the top can enjoy a nice huge BONUS check.

Yup.  More of that trickle down economics creating jobs lying CON party squabble again.  Pepsi is sitting on 8 quarters of year over year revenue gains, and revenue is up 37% since 2008.   Yes, sounds like a company in financial trouble that needs to cut costs.

Maybe we should all boycott Pepsi products, now.  BOA reversed their Debit Fee.  Verizon reversed their $2.00 "pay by CC" fee.  All because of public outrage.

Let Pepsi's 8-quarter continued sales growth end and give them a real reason to cut costs... Like the bonus checks and benefits package of their big fat PIGS.