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View Diary: Jobs increase by 288,000 in April. Unemployment rate falls to 6.3%. But labor force falls sharply (192 comments)

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  •  Nature of economy has changed. (10+ / 0-)

    Many jobs are never coming back.

    Companies have figured out a way to keep increasing profits by hiring lowest number of people possible.

    Payroll is the biggest expense item for most companies and every CEO is incentivized to keep it down.

    •  I think it's linked to productivity. People are -- (10+ / 0-)

      for fear of of losing their jobs -- being worked to death.

      We need some means of forcing the 40 hour work week back down the throats of CEOs. Let them choke on trying to keep their payrolls down when people are actually only working 40  hours per week.

      So I'd say the nature of the economy has changed into one of worker exploitation once again. It's not really a mystery.


      "We must make our choice. We may have democracy, or we may have wealth concentrated in the hands of a few, but we can't have both." - Louis Brandies

      by Pescadero Bill on Fri May 02, 2014 at 06:44:42 AM PDT

      [ Parent ]

      •  True. But no way to stop the exploitation. (6+ / 0-)

        The 2008 great recession was a boon to the companies.

        1. they got rid of a lot of people under the ready made excuse of recession.

        2. the ones that were left were so scared to lose their jobs that they were ready to be exploited. And there is really no way to stop that exploitation when you get thousands or resumes for 1 job opening in one day.

        This is the new norm. Government policy is not going to change internal day to day workings of a company.

        The only thing that will force companies to hire more and shift power towards employees is there is more demand. But when people have so little money there is little chance of a sustained high demand.

        •  Sure there are ways to stop the exploitation. (3+ / 0-)
          Recommended by:
          MPociask, Eric Nelson, METAL TREK

          Government can pass laws encouraging the 40 hour work week. Government can tax widely profitable corporations and use the money to create well paying government jobs where workers are pressured into only working 40 hours. Thereby creating competition to corporate employment forcing corporations to offer like benefits.

          It's weak government that allows corporate exploitation.


          "We must make our choice. We may have democracy, or we may have wealth concentrated in the hands of a few, but we can't have both." - Louis Brandies

          by Pescadero Bill on Fri May 02, 2014 at 08:40:51 AM PDT

          [ Parent ]

          •  I am talking about the realities within our (2+ / 0-)
            Recommended by:
            Geenius at Wrok, Middle Molly

            political system.

            Also, a boss can exploit an employee using passive aggressive ways that you cannot ban by legislation. And that primarily how exploitation happens in corporate world.

          •  But it won't do those things (1+ / 0-)
            Recommended by:
            Zeta Retuculi

            because the bosses have captured government.

            "The great lie of democracy, its essential paradox, is that democracy is the first to be sacrificed when its security is at risk. Every state is totalitarian at heart; there are no ends to the cruelty it will go to to protect itself." -- Ian McDonald

            by Geenius at Wrok on Fri May 02, 2014 at 09:33:17 AM PDT

            [ Parent ]

          •  Encourage a 40 hour work week? (2+ / 0-)
            Recommended by:
            METAL TREK, askew

            That's easy.  Just end the current exemptions for overtime.  A huge and growing class of Americans don't qualify for overtime protections.  That's silly - every American deserves to have time not just for work, but for themselves, their family, and their community.

            So pass a law saying starting 2015, overtime protections apply to every single employee, and that salaried employees will receive 1.5x pay for every hour worked over 40 hours (while laying out that it is expected their current salary is based on a 40 hour work week), 2x pay for every hour worked over 50 hours, and 4x pay for every hour worked over 60 hours.  Put in some kind of protection for times of declared emergencies, stuff like that.

            If you want to talk radical action, add time commuting to and from work as part of your work time, phasing it in over 10 years.  Besides more accurately accounting for your time, it would revitalize city centers all across America, and be good for the environment as the number of miles drove in cars dropped precipitously.

            You can also add in mandatory sick/vacation time - if an employee doesn't use it, penalize the employer.  

            We're never going to get what we don't fight for.

            •  Right... The DOL is supposed to come up with (0+ / 0-)

              new guidelines for who is and who is not exempt from over time.  I can't wait to see if they come up with anything substantial.  The righties were blowing gaskets when Obama gave the DOL that order.

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