holiday for encouraging majority of days be spent at their desk. this will have noticeable impact. security company castle systems says we have been sitting around 43% occupancy passed couple of months. some like new york city seeing lower occupancy rates. more are returning to the office, castle says increased interest in their tracking system. not just for security reasons. people are coming in when they are supposed to be when they say they are coming in. companies have seen push back from employees that don t want to end remote work. many are calling return to office draconian and they do exceptional work. castle says occupancy levels 20% earlier this work. they have doubled and expect them to go up more tomorrow. charles? changes, a lot, madison. let s bring in casey mcdonald and heatha. mike, i think the window is closing in on folks. 20% across the board. might and muscle, i am going to work from home or else i think that clock is ticking down. maybe to an ex
you ve got low wage and high wage jobs in health care of the we health care. you ve got manufacturing. 6 toint 6.2% on wage growth. you re hearing companies say they can t find workers or qualified workers, but you haven t seen the wages pop yet. maybe that comes next. john? we ll keep an eye on that, christine roman. lower than barack obama ever had, lower than george bush ever had. the president talking about it. you would think he would be happy about it, and he is. 4% is broken, and then he adds, in the meantime witch hunt! why, why, why?
creators, the largest creators of jobs in the last four years. you may hate fossil fuel. you may think it s ridiculous to be able toll have it soap that oil and gas are in charge of hiring in this country, but we ve got tons of oil and gas in the wrong places. you put people to work on pipelines, 6 $60,000 is the minimum that you pay a pipeline worker, you put people to work all over this country. that s what needs to happen. the bottom line question before, jim, as well, are we out of recession? are we in the midst of a real robust recovery? we are in a profits recovery. you re going to start hearing companies report earnings beginning this week. many of the companies won t have great top line, won t do a lot of selling but because they re not hiring i m doing a study right now of 30 stocks on the dow jones you are going to see negatives, literally they ve done they had more people working four years ago than now. that s a big problem in the we need big business to bring t
is it just a new excuse for them not to spend? you know, that is a good question, because, you know, you are right. we have seen estimates of $1.6 trillion, anywhere from that to more than $2 trillion, sitting, parked on company balance sheets and not going into the economy and hiring, basically, not picking up speed and we know the jobless rate is stuck stubbornly high and as to whether it s an excuse, what we are hearing out of the cfos, the top trade group, half say they need preserve liquidity and preserve their cash, because they don t the if the markets will lock up, and in fact half of cfos surveyed out of the trade group say they are parking cash on the balance sheets and not going to do any hiring, and they will cut back on capital spending because they are worried about the debt impasse and the possibility of a downgrade and, a hit to their own balance sheets. of a downgrade, and jpmorgan chase says a downgrade could cut out of the economy $100 billion, in economic activity
and that is why you are hearing companies like ge, ford and eaton corporation are saying, look, we have to sit tight and make sure we protect our liquidity, our cash on a balance sheet, alisyn. alisyn: you know, the default and the downgrade are two separate things and if a deal is reached on the debt ceiling, before august 2nd, we still could be downgraded, would they then loosen up some of the liquidity. that is an important question, because they are two separate things, and you are right to ask whether or not this is an excuses. we have seen the behavior of companies in the past, they kind of lock up and they do what they can to basically protect their balance sheets. so, it seems to, according to the indications, we are getting out of deutsche bank as well who talk to cfos, too, they ll continue until they see an impasse stopped in washington, d.c., back to you, alisyn. alisyn: liz macdonald from fox business network, thanks. we are asking you what you think, go to foxnews.com/a