The outperformance versus expectations was on account of better-than-expected results in the SSG and Display segments, as offset by the worse-than-expected results in the EES segment.
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In other words, because the financial crisis was so dramatic, employers may have gone overboard in shedding workers perhaps, as Bernanke explains, because they feared an even more severe contraction to come or, with credit availability sharply curtailed, they were trying to conserve available cash.
It all goes to the idea of putting money behind the goals youre trying to achieve, said Dennis P. Jones, head of the National Center for Higher Education Management Systems and an expert on outcomes-based college funding.
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