The Homa Files

Well managed companies always use recessions as air cover to “restructure” their their work forces.  This recession has beenno exception.

Bottom line: with little optimism re: a bounce back in demand, expect companies to keep producing at about the same levels, and leveraging their now streamlined work forces.

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Good point raise by Business Week:

The output per hour of nonfarm workers has increased by 6.1% since the beginning of the recession.

http://images.businessweek.com/mz/10/09/20100301_numbers.pdf?chan=magazine+channel_the+week+in+business

This entry was posted on March 2, 2010 at 7:11 am and is filed under Employment - Jobs. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.