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Rust: Recession won't likely affect State Farm jobs
03/26/2008 15:33:57
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| State Farm CEO Ed Rust says recession probably won't affect hiring at State Farm. |
By Dara Brockmeyer
The head of State Farm says the local community isn't immune, but he believes an economic downturn felt nationwide will be nominal in Bloomington-Normal. Chairman and CEO Ed Rust says Bloomington-Normal is fortunate to have several big companies. As for how the economy is affecting hiring at State Farm, he says the company's growth depends on its needs.
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Rust says the problem facing business today is the fact that more people are leaving than joining the workforce, and those entering aren't prepared to succeed.
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Rust addressed Illinois State University business students today as part of the business college's annual business week.
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