posted on Jul, 11 2010 @ 10:25 PM
nice post, op. this is a real and studied phenomenon.
as if they weren't already, everyone should be hugely concerned with unemployment as it is and has been for two years now.
when 10% of the workforce (and it is probably quite a bit higher that - how do you now define workforce, anyhow, especially when so many have given
up?) is out of work, employers, themselves suffering a dismal economy, have a lot less incentive to fight for employees with attractive incentive
packages (if any at all) and nice benefits. they save money by severely dropping employee costs, by getting rid of people and benefits.
the longer it goes, the less attention and money that is spent on employees as working human beings.
many typical, mid-level openings in big cities receive, literally, thousands of resumes for one vacancy. companies don't have to offer anything if
they don't want (and we all know the already-existing issues with employer-supported health insurance costs) - people are desperate for income.
the problem is, over time, this results in systemic reduction in employee pay, holiday/vacation, health, dental, eye care benefits, even spending
plans, credit unions, discount programs, etc. - and it quickly becomes basic employee treatment and sociological diminishment of the respect for a
worker. ... and the working class. a brick in the wall of societal breakdown.
[edit on Jul 11, 2010 by Hadrian]