Re: Americans working much harder - for less pay
- From: "Calif Bill" <nospambmckee@xxxxxxxxxxxxx>
- Date: Wed, 12 Aug 2009 16:57:41 -0700
jps wrote:
On Tue, 11 Aug 2009 22:03:52 -0700, "CalifBill"
<bmckeespam@xxxxxxxxxxxxx> wrote:
"jps" <trash@xxxxxxxxxxx> wrote in message
news:e8h485173mm48mp7b7sl5a7le7tv8ldkt3@xxxxxxxxxx
On Tue, 11 Aug 2009 21:10:59 -0400, Keith NuttleNo production, so we could not raise productivity. You kept all your
<keith_nuttle@xxxxxxxxxxxxx> wrote:
jps wrote:Don't know if you're heard, we don't have production lines here
Feel like you're working a lot harder these days, putting in longerOn todays production lines the volume can be increased without a
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/ns/business-eye_on_the_economy/
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.
anymore. We're in the service business and military arms. The
productivity gains come from less workers doing more, working longer
hours for pay that doesn't keep up with the rising cost of living.
deadwood.
You don't have to produce on a line to be productive.
We write software, it doesn't benefit from a faster production line.
We are doing more with less people. When times are lean, that's the
way it works.
Did you ever work for an entreprenurial company or only behemoths?
I only worked for 2 behemoths. 6 startup companies and my own construction
equipment leasing company was small. And we got rid of deadwood in the
startups whenever there was a slow down if it was not closing the doors.
.
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