Worker Productivity Jumps 8.1 Percent--Wages Don't

[Omaha Steve]

http://www.laborradio.org/node/12605

Submitted by Doug Cunningham on December 22, 2009 - 5:33pm
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By Doug Cunningham

Economic productivity of the American worker jumped by 8.1 percent in the third quarter, but pay raises of eight percent are nowhere to be found. Instead, wages are stagnating and workers are under huge stress with larger workloads while fearing for their jobs. Professor Thomas Kochan at MIT’s Sloan School of Management says this productivity boost isn’t being accompanied by rising wages.

[geckosfeet]

1. Republican nirvana.

[endless october]

2. unions have been gutted.

they have been gutted by repubs, democrats, and corporations. this is what happens without unions.

if the current "globalization" bullshit continues, expect more of the same.

[elleng]

3. Productivity has constantly been increasing, in spite of all sorts of bads,

hasn't it? Why do you think?

[54anickel]

4. More WITH less! More FOR less! GO serfdom!!!