3 ms·
This article is pathetic. It doesn't even mention the threat of being laid off as a source of motivation to work harder, which I suspect is the real mechanism h
by phendrenad2 3y ago
This article is pathetic. It doesn't even mention the threat of being laid off as a source of motivation to work harder, which I suspect is the real mechanism here.
- Ericson2314 3y agoUnlikely with unemployment this low
- phendrenad2 3y agoUnemployment statistics take into account all jobs. This productivity increase (really only 5.2% in a quarter) only takes into account business workers. Also unemployment is basically worthless if you have a high-paying job, it's literally better to go work for Walmart than collect unemployment while looking for another white-collar job at the moment. And unemmployment numbers only take into account people collecting unemployment. So no, I don't think the unemployment numbers relevant.
- Ericson2314 3y agoI am saying: why in a very strong labor market would the threat of being laid off be compelling greater productivity improvements than before?
- phendrenad2 3y agoBecause the strong labor market is not equally distributed.
- Ericson2314 3y agoOK, thanks. While I am still a bit skeptical this is definitely a more plausible claim now. Class warfare making high productivity white collar work harder, haha.
- mym1990 3y agoAnecdotal, but from what I have seen: people who are fearing being laid off are either a) already looking for another job or b) cruising until they do get laid off.