The U.S. employment picture continues to look bleak. But, we will recover from this employment slump. Or, won't we?

Cornell professor Kevin Hallock, Steven Berkenfeld, ILR '81, and economic journalist Frank Koller discuss how corporate leaders and the financial markets view management strategies relating to layoffs vs. employment in a January 25, 2012 ILR School webcast.

Kevin Hallock is the Joseph R. Rich '80 Professor and Director of the Institute for Compensation Studies at ILR School of Cornell University; Steven Berkenfeld is managing director of the Investment Banking Division at Barclays Capital; and Frank Koller is author of "Spark - How Old-Fashioned Values Drive a Twenty-First Century Corporation: Lessons from Lincoln Electric's Unique Guaranteed Employment Program.