Unemployed?

[ZenGum]

I wonder how much unemployment could be reduced, and how much stress could be eliminated, by more job sharing. Seriously, enforce maximum working hours. Hire more staff, even as casuals. This cuts each persons pre-tax wages, but since unemployment should also fall, there might be room to trim tax. Life would be better.

[monster]

Originally Posted by ZenGum

I wonder how much unemployment could be reduced, and how much stress could be eliminated, by more job sharing. Seriously, enforce maximum working hours. Hire more staff, even as casuals. This cuts each persons pre-tax wages, but since unemployment should also fall, there might be room to trim tax. Life would be better.

What is this maximum hours of which you speak?

[tw]

Originally Posted by ZenGum

I wonder how much unemployment could be reduced, and how much stress could be eliminated, by more job sharing.

Economists have been asking the same question for some time now - from a different perspective. American productivity is at an all time high.

How much longer can the few working people be pushed so hard? Unfortunately, we know from history that severe recessions created by fiscal mismanagement cause the longest unemployment after a recession's end.

This type of recession creates most fear among employers. Restoration of confidence takes years. Employers tend to push fewer employees harder. Productivity increases. Nothing new. The worst type of recession (created at the highest levels of mismanagement) creates that much fear. We are just beginning to see confidence (and 'help wanted' signs) return.

Always learn from history. Never forget what happened in 1968/1970. And what happened in mid-2000s. Mismanagement at highest levels caused employee hardship for how long? About a decade. Welcome to trickle down economics and other money games based in economic myths. Ie. war creates an economic 'boom'.

A better description was economic 'bang' - as in destruction

[footfootfoot]

Originally Posted by tw

Economists have been asking the same question for some time now - from a different perspective. American productivity is at an all time high.

I'm sure there was a typo in that source, tw. It most likely read "American economists are at an all time high."

Seriously, what are they smoking and why isn't it mandatory for all US citizens to be smoking it too?

I seriously doubt that after all the jobs that were sent overseas and to mexico that we are producing more of anything but unemployed people/

[tw]

Originally Posted by footfootfoot

I seriously doubt that after all the jobs that were sent overseas and to mexico that we are producing more of anything but unemployed people/

Does not matter how many jobs go overseas. What only matters is what existing jobs are doing.

Productivity in American is at an all time high. Obviously. If only ten people are working and 200 million are unemployed, that 200 million does not affect productivity. Because economics only measures what the ten employed people are doing.

Since employers are demanding so much from their fewer employees, American productivity is at an all time high.

Productivity and unemployment have no relationship. However, productivity can be lowered by employing more people to do the same work. Then both unemployment and productivity decrease.

[jimhelm]

Originally Posted by tw

Economists have been asking the same question for some time now - from a different perspective. American productivity is at an all time high.

How much longer can the few working people be pushed so hard? Unfortunately, we know from history that severe recessions created by fiscal mismanagement cause the longest unemployment after a recession's end.

This type of recession creates most fear among employers. Restoration of confidence takes years. Employers tend to push fewer employees harder. Productivity increases. Nothing new. The worst type of recession (created at the highest levels of mismanagement) creates that much fear. We are just beginning to see confidence (and 'help wanted' signs) return.

Always learn from history. Never forget what happened in 1968/1970. And what happened in mid-2000s. Mismanagement at highest levels caused employee hardship for how long? About a decade. Welcome to trickle down economics and other money games based in economic myths. Ie. war creates an economic 'boom'.

A better description was economic 'bang' - as in destruction

I must be at an all time high. I understood that and agree with it.

[footfootfoot]

Originally Posted by tw

Does not matter how many jobs go overseas. What only matters is what existing jobs are doing.

Productivity in American is at an all time high. Obviously. If only ten people are working and 200 million are unemployed, that 200 million does not affect productivity. Because economics only measures what the ten employed people are doing.

Since employers are demanding so much from their fewer employees, American productivity is at an all time high.

Productivity and unemployment have no relationship. However, productivity can be lowered by employing more people to do the same work. Then both unemployment and productivity decrease.

Originally Posted by jimhelm

I must be at an all time high. I understood that and agree with it.

Ditto. That explains a lot.

[classicman]

Continuing with what Griff mentioned, I wonder how much of that production is altered by the increasing hours the remaining workers are doing and additionally how self employed contractors, whose numbers are ever increasing, factor into it.