As Job Growth Lags, CEO Pay Reaches New Heights
Where's that "job creator" when you need one?
Friday, April 18, 2014
It's been seven years since the financial meltdown, and more than 10 million people are still out of work across the country. That makes talking about job growth these days feel like filling out Mad Libs: the recovery is either anemic, sluggish or underpowered. So, what can we do to get out of this rut? This week on Money Talking, Joe Nocera of The New York Times and Diane Brady of Bloomberg Businessweek discuss new ideas to get the economy moving again. Plus, remember "job creators"? Those titans of industry that were going to save the economy? Well, few of the jobs they promised have materialized, but that hasn't prevented them — the chief executives — from making more and more. Money Talking examines why CEO pay continues to rise even as the economy limps along.