Quote:
Originally Posted by filtherton
Technology probably was the primary driver before the recession, but i think that you'd be hard pressed to prove that it has been the primary driver during the late economic unpleasantness, especially without being industry specific. If you're going to try please provide something more than conjecture.
Some industries have no doubt benefitted from technology, but some more than others. I bet a great deal more have benefitted from layoffs and the squeezing of the worker.
|
Productivity gains were at staggering levels BEFORE unemployment grew (that's why I pointed out that it's been going on for the better part of a decade).
By your logic productivity should have been very low when the economy was at it's absolute fullest employment yet that's not what we saw.
The incredible gains in productivity over the last decade equates to fewer people needed to produce the same level of goods, hence lower employment.
But I know there's no use in trying to convince you otherwise so I'll stop now. It's much easier to believe it's the big bad corporation "squeezing every last drop from employees".