Though the economy remains sluggish, one specific sector is definitely hiring: Wall Street. New York financial firms have added some 2,000 jobs since February, and hiring at banks and securities firms nationwide is also picking up steam, according to The New York Times. "Wall Street typically hires in anticipation of the recovery, and there is a sense that the economy has bottomed out," says New York Federal Reserve economist Rae Rosen. Should we be happy about a recovery in a sector that played a big part in triggering the unemployment crash? (Watch The Young Turks discuss Wall Street's hiring frenzy)
The wrong people are getting jobs: While the jokers whose "greed" caused this mess are now apparently "quietly smiling" at their good fortune, says Theresa Cahill at WorldNewsVine, everyone else "may be shocked and affronted" that "the creators of the crisis are benefiting," thanks to the generosity of taxpayers. Meanwhile, the Senate won't even extend jobless benefits to the victims of the crash.
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