Thursday, June 04, 2009

Ow, ow, ow...

Buried in the (possibly) good news about unemployment was this unfortunate comment about productivity gains.
Another report from Labor showed worker productivity rose more in the first quarter than previously estimated as the worst recession in at least half a century prompted companies to cut costs by extracting more output from remaining employees. [More]
I think the phrase "extracting more output" says it all.

No comments: