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Americans working much harder – for less pay
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/ |
Americans working much harder – for less pay
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. |
Americans working much harder – for less pay
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 |
Americans working much harder – for less pay
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. |
Americans working much harder – for less pay
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 I'd rather their heads on pikes. |
Americans working much harder – for less pay
"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. |
Americans working much harder – for less pay
On Tue, 11 Aug 2009 21:10:59 -0400, 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. Don't know if you're heard, we don't have production lines here 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. |
Americans working much harder - for less pay
"jps" wrote in message ... On Tue, 11 Aug 2009 21:10:59 -0400, 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. Don't know if you're heard, we don't have production lines here 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. No production, so we could not raise productivity. You kept all your deadwood. |
Americans working much harder - for less pay
On Tue, 11 Aug 2009 22:03:52 -0700, "CalifBill"
wrote: "jps" wrote in message .. . On Tue, 11 Aug 2009 21:10:59 -0400, 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. Don't know if you're heard, we don't have production lines here 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. No production, so we could not raise productivity. You kept all your 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? |
Americans working much harder – for less pay
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 |
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