Productivity at 6-year high, jobless claims fall – Yahoo! News
Productivity at 6-year high, jobless claims fall – Yahoo! News.
This has got to be good news for unemployment. I’ve created a 16 step process to hiring new employees. I believe many small and large businesses are between steps 3 and 9. Step 16 might be farther away than most of us like but this article is a step in the right direction.
1. Economy starts to fall
2. Company profits and sales go down.
3. Company make layoffs.
4. Company tries to survive by having fewer employees do more.
5. Company stabilizes, gets acquired, sold, or goes out of business.
6. Company might decide to make additional layoffs. Usually its more than necessary but management wants to be conservative…just in case things get worse. Laying off employees is no fun for anyone.
7. Fewer employees are asked to keep working harder.
8. Company shows improved financials and more revenue per employee.
9. Productivity goes up.
10. Sales start to recover and employees have a harder time doing all the work.
11. Management finds ways to be even more productive by making processes more efficient.
12. Company/Management invests in technology and time savers.
13. Some employees leave for opportunities elsewhere.
14. Combination of lost employees, layoffs, and increased workload makes company consider hiring more employees.
15. Company hires new employees.
16. Economy recovers and unemployment goes down.
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