Working more

Nonfinancial industries have nearly $2 trillion in cash reserves, but they are wary of hiring amidst the uncertainties of more government regulation and lagging consumer demand.

The economy lost 125,000 jobs in June. But for some of those still working, there is an added benefit, according to a recent USA Today report.

Part-time workers are resuming their full-time schedules, and full-time workers are seeing higher pay checks with overtime hours. Companies would rather pay them the extra than hire new employees, which also mean higher benefit costs, especially with the new health care legislation yet to take full effect.