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Tim Tim is offline
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First recorded activity by BoatBanter: Nov 2006
Posts: 19,111
Default Americans working much harder – for less pay

On Aug 11, 9:12*pm, wf3h wrote:
On Aug 11, 9:07*pm, jps wrote:



Feel like you’re working a lot harder these days, putting in longer
hours for the same pay — or even less? The latest round of government
data on worker productivity indicates that you probably are.


The Labor Department said Tuesday that the American work force
produced, at an annual rate, 6.4 percent more of the goods they made
and services they provided in the second quarter of this year compared
to a year ago. At the same time, “unit labor costs” — the amount
employers paid for all that extra work — fell by 5.8 percent. The jump
in productivity was higher than expected; the cut in labor costs more
than double expectations.


That is, despite the deep job cuts of the past year, workers who
remain on the payroll are filling in and making up the work that had
been done by their departed colleagues. In some cases, that extra work
came with a smaller paycheck.


Full story here...http://www.msnbc.msn.com/id/32374533...n_the_economy/


somebody has to take care of the rich. god knows they've suffered,
what with all the wall street problems.

we middle class folks will muddle through but our first obligation,
before family, before self, before anything...is to care for the rich


Be glad there's rich people, otherwise you couldn't afford that boat
you just bought ,

Very first Lincoln Mrk VII LSC I bought was in '93 from an eye
surgeon. He had depreciated it out. it had 85,000 mi on it, all
available options- sun roof. Beautiful!

Still had the original window price sheet in the glove box of
$36,852.00 we got it for $6500.00! I told the wife, I was thankful
for "rich people" who like to throw stuff away......