This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

63 Percent Of Americans Think The President Impacts Job Creation; Only 45 Percent Feel The U.S. Is Investing In Job-Generating Technologies





LOS ANGELES, July 16, 2012 /PRNewswire/ -- With a tepid 84,000 jobs created last month, a recent Korn/Ferry (NYSE: KFY) poll of U.S. workers with incomes of $50,000+ revealed that 63 percent believe an American president has a big impact on job creation.  Yet, just 45 percent of respondents think the U.S. has invested in technologies that create jobs.  Compared to a president creating jobs on his own, fewer Americans (55 percent) think the President, Congress and Fed can work together to create jobs.

Sixty-four percent of respondents think that government spending is a good way to stimulate jobs.  Results also revealed that respondents think the top industries to stimulate jobs are 1) sustainable energy solutions (28 percent), 2) Information technology (23 percent), and 3) Infrastructure for the country (22 percent).

In addition, more than 70 percent of American workers do not think U.S. CEOs are working hard or are motivated to create U.S.-based jobs.  In addition, workers are split on whether CEOs would invest tax savings into hiring. 

According to Gary Burnison, CEO of Korn/Ferry International, "This report reveals that U.S. workers believe that the government has the power to stimulate jobs.  The fact that respondents feel the president alone can create more jobs than the combination of the Congress, Fed and president may be a reflection of the current discord in Washington."

"While respondents do not think that CEOs are necessarily incentivized and motivated to hire Americans, in reality we know that a CEO must first meet the demands of shareholders and view the globe as their hiring marketplace.  Today's CEOs are borderless.  First and foremost, they are focused on P&L performance and identifying talent that will drive growth, regardless of regions or lines on the map."

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,098.45 +18.88 0.11%
S&P 500 2,003.37 +6.63 0.33%
NASDAQ 4,580.2710 +22.5760 0.50%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs