The Dark Side of the Productivity Surge (Sqeezing More Work Out of Employees During Hard Times)

Business Week ^ | 11/6/2009 | Peter Coy

[lentulusgracchus]

Note also the provenience of the article. Business Week, not the Guardian, the NYT, or the New York Review of Books.

[ex-Texan]

Hards Times are going to get a lot worse. The time to wake up is long past:

Video: Bernanke's War on Trade and the US Dollar

Video: A Sign of the Times Ahead -- Not good!

[investigateworld]

Gotta clear the 'bezzele first!

[Kenton]

I retired last year, but I spent most of my working lifetime being affected by this cycle. When the economy got slow, the layoffs came and the 'survivors' wound up picking up the slack for those who got let go.

And by the time they started hiring again, those 'extra duties' usually didn't go away, they just became part of your job, because after all, you'd showed them you could do it, why hire somebody else?

I guess I was one of the lucky ones, I went through 4 or 5 of these business cycles and never got let go, and I retired on my own schedule, but I can't say I miss this kind of thing.

[jdsteel]

Look, I’m not saying we’ve go no problems, and there is NO freakin’ way that I’m a fan of Obamanomics. That said, the 90% of people that have jobs are still spending money. My point was and is that productivity goes up at this point in the economic cycle. And we’ve been through this cycle a bunch of times. Can we double dip or crash and burn? Yes, we can. But right now, unemployment is up and so is productivity. It’s a NON STORY that the MSM are trying to turn into a story.