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Americans working much harder – for less pay
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jps
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First recorded activity by BoatBanter: Jul 2006
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Americans working much harder – for less pay
On Wed, 12 Aug 2009 12:02:06 -0400,
wrote:
On Wed, 12 Aug 2009 03:16:24 -0700 (PDT), wf3h
wrote:
On Aug 12, 12:23*am, "CalifBill" wrote:
"wf3h" wrote in message
...
On Aug 11, 9:10 pm, Keith Nuttle wrote:
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/
On todays production lines the volume can be increased without a
corresponding increase in the effort of the individual. So a 6.4%
increase in production does not mean that the employee is being
overworked as implied.
what really happened is that so many people got laid off, productivity
increased because the output/worker increased.
Maybe the deadwood went first.
yeah, that's the cliche they want you to believe
From what I have seen in layoffs since the early 90s is they dump the
senior staff first and work their way down the seniority ladder until
they only have the new people who make the least amount of money.
Doesn't mean that they're also the least compentent but usually.
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