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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (29054)2/21/2003 11:13:51 PM
From: energyplay  Read Replies (1) | Respond to of 74559
 
"It doesn't mean -as you seem to imply- that companies sacked one guy and doubled up the job of the guys who stayed on."

But it can. You just have to work for the right corporations to have it happen to you.



To: elmatador who wrote (29054)2/21/2003 11:34:24 PM
From: LLCF  Read Replies (1) | Respond to of 74559
 
No, I simply mean that labour input has taken steadily less of the pie, and I don't see it continuing. You've certainly got hours worked higher with lower real wages... and most moms working with kids in day care, so I'm simply implying that this part of the labour 'savings' is close to tapped out. Can output in some industries soar with little no added labour? Sure, but that whole thing is overblown IMO.

DAK


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