U.S. Employment Weakness Undercuts Corporate Credit Recovery
Posted on February 19, 2010 at 12:00 PM EST
Fitch Ratings says the historically weak U.S. employment outlook will continue to hinder the process of corporate credit quality improvement in the early stages of the economic recovery. Fitch adds that the notable weakness of the employment outlook is likely to complicate firms’ efforts to boost margins, cash flow generation and liquidity in the early [...]