I gave a theory of mine a couple of weeks ago in my article, High unemployment here to stay for a while, regarding how in my opinion a lot of managers use layoffs as a means of letting go their least productive employees. The Productivity numbers for the third quarter came out today and it’s looks . . . → Read More: Increased efficiency – Good for earnings, Bad for workers
More on this topic
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Summer Rerun: Debunking the Notion that Unions Hurt Productivity
(naked capitalism, 7/30/10)
Guest Post: Big Banks Are NOT More Efficient
(naked capitalism, 10/27/09)
Can Democrats Anchor Unemployment Without Doing More Damage to the Deficit?
(Contrarian Profits, 10/9/09)
Soaring Productivity, Drop in New Benefits Claims Provide Silver Lining in the Dour Jobs Market
(Money Morning, 11/5/09)
