Companies pile up cash but remain hesitant to add jobs (Jia Lynn Yang/Washington Post)

Jia Lynn Yang / Washington Post:
Companies pile up cash but remain hesitant to add jobs  —  Corporate America is hoarding a massive pile of cash.  It just doesn’t want to spend it hiring anyone.  —  Nonfinancial companies are sitting on $1.8 trillion in cash, roughly one-quarter more than at the beginning of the recession.

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