Big U.S. Companies Added Jobs in 2020—Thanks to Amazon

  • 📰 WSJ
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 63%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Employment last year rose by about 370,000 people among the 286 members of the S&P 500—and Amazon gets much of the credit

While Covid-19 ravaged the broader American economy, the largest U.S. employers added more jobs than they cut.

Overall, global employment rose by about 370,000 people among the 286 members of the S&P 500 that filed annual reports between July 1 and March 31, a Wall Street Journal analysis of securities filings shows. Those gains masked wrenching changes and job losses for workers in many companies and industries. And the net gain in jobs for 2020 wouldn’t have happened without a single company: Amazon . com Inc.more than 400,000

of them in the U.S. Amazon created nearly as many jobs last year as the 136 other companies in the Journal analysis that added workers. “By hiring that many people, we were not only able to deliver essential items for our customers during a critical time, but also provide an opportunity to those who lost their jobs or saw their hours cut because of Covid,” said Beth Galetti, Amazon’s senior vice president for human resources. “Amazon became an ‘employment beacon’ for hundreds of American communities.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Amazon saved capitalism. Getting closer

All on shit money, doing shit jobs bosses get richer.

Oliver North: Coronavirus is the Bio-weapon 前美国步枪协会主席,前美国国家安全委员会成员諾斯(Oliver North),认为新冠病毒是中共用来攻击美国的 生物武器 UnrestrictedBioweapon 闫丽梦 ccpvirus

Happy Easter. Can you please look into the issues within SBA for Targeted Advance EIDL Grants. Wrongful denials to qualified and struggling small business around the country. Major IRS and computing issues. Denying thousands of small businesses funding. Thank you

Was this a paid commercial? For every job credited many more were lost; as entrepreneurs and small businesses are methodically depleted.

Low paying jobs

WSJ has become the Fox News — worse, the Lou Dobbs — of newspapers.

DEVELOPING COUNTRIES, 👇 the digitization of emerging economies is inevitable.

JeffBezos amazon - It’s not hard to map out rest hubs for your drivers, especially with available real estate across the country; invest in your people, care for them and they care for you. Your Ops team has to pay as much attention to staff and culture as you do technology.

Too bad Amazon and 54 other spy corporations don't pay any taxes. We subsidize Amazon so they can kill unions and not pay a fair wage. But at least bezos is rich af.

Pump up the fear on the WSJ articles all year scaring people into hiding in their basement(much like Bezos did from teenage years to... now... (no pandemic, just no friends)) and pushing them to order online. What a business model! Hurray Amazon, hurray... you did it.

If they treated their employees better it’d be a fun celebration.

And what’s the quality of those jobs? Or are we making modern day slavery an employment standard?

Simply wow ..so big tech comes to the rescue even as old world is shedding jobs.

They don’t pay taxes and they still have their own employees putting feces and urine into containers and bags

Ask anyone who like to work for it!

What's the stat for the small businesses that died out? The self-employed who lost their gig? It's not comforting to know that big businesses who manufacture their shit in China are expanding

Thanks to Amazon and a new employment sector: Pandemic.

thank you very much for your work

Amazon is operating modern day plantations

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Elizabeth Warren: US taxes are rigged in favor of Amazon, Netflix and other big companiesSenator Elizabeth Warren, said '...giant corporations have invested millions of dollars lobbying Congress to build those tax loopholes so that they can then save hundreds of millions of dollars in taxes.' THEN FUCKING DO SOMETHING!!!! QUIT BITCHING ABOUT IT!!! And who allowed those lobbyists to have sway over Congress? Answer; Ppl in Congress. Aren't you a member of Congress? So you are blaming yourself.
Source: CNN - 🏆 4. / 95 Read more »

More earnings, April's big jobs report and inflation worries could swing markets in the week aheadApril's jobs report and a barrage of earnings news make for another busy week for markets, as the calendar rolls into May. The benchmark indexes are already down today!
Source: CNBC - 🏆 12. / 72 Read more »

Hawley warns Big Tech companies working to 'transform America' in new bookEXCLUSIVE: Sen. Josh Hawley is warning that Big Tech companies are working to “transform America,” arguing in his new book that mega-corporations are the “gravest threat” to liberty in decades. America vote this seditionist out. 💩💩💩💩💩💩💩💩💩💩💩 Better have it on audiobook cuz his followers can’t read for shit.
Source: FoxNews - 🏆 9. / 87 Read more »

'A total disgrace': Trump lashes out at big tech companies after Facebook ban is upheldTrump’s last White House chief of staff, Mark Meadows, told Fox News that it was “a sad day for America, it's a sad day for Facebook.” No Meadows, it is a sad day for MAGAs. He participated in an attempted coup, I would hope he will face more serious consequences than this.
Source: MSNBC - 🏆 469. / 51 Read more »