09/25/2010 05:12 am ET | Updated May 25, 2011

Corporate Profits Are Up -- But Mass Layoffs Have Helped

s companies this month report earnings for the second quarter, news of healthy profits has helped the stock market -- the Standard & Poor's 500-stock index is up 7 percent for July -- but the source of those gains raises deep questions about the sustainability of the growth, as well as the fate of more than 14 million unemployed workers hoping to rejoin the work force as the economy recovers.