re: #146 windsagio

heard a depressing bit on NPR that basically said ‘companies are largely doing well now, but they’re intentionally making due with fewer workers’.

Its much cheaper to scare the hell out of your employees to squeeze out extra productivity than it is to hire more workers.

Large company earnings have generally been strong but their forward guidance is tepid. And too high a percentage of corporate profits is still being derived from cost cutting and not revenue growth. Small business confidence is also low. I don’t think anyone is trying to scare their labor pool into anything. Business is legitimately concerned about the strength of the recovery and that’s driving their hiring or lack there of.