It’s Official: We’re All Burnt Out
Posted in Main Blog (All Posts) on August 13th, 2010 4:50 am by HL
It’s Official: We’re All Burnt Out
The Labor Department reported Tuesday that worker productivity fell 0.9% in the second quarter. That’s the first decline in eighteen months and may be a sign that employees have finally gotten to the point where they are simply stretched too thin. The amount of hours worked rose at a faster pace in the month than actual economic output. That means that companies may no longer be able to rely on cutting costs, particularly through layoffs, to juice profits.