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View Diary: Lucky to have a job (122 comments)

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  •  It shouldn't be a matter of luck, though. (3+ / 0-)
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    means are the ends, wbr, Ramoth

    There are very few people who could not do a job given sufficient opportunity to do so, it seems to me. The creation of unemployment has been a deliberate policy at times. I'm not saying the high unemployment of Bush's crash and Obama's slow recovery are, necessarily. But "labour market flexibility" is certainly seen as desirable by many in finance, industry and by their economists. If you wade through the econogibberish, you can see that it means, in large part, moving more people to unemployment or underemployment to allow companies to adjust their workforce size to match the (inherently unstable, volatile, speculation-driven) markets, and to have an advantage in wage and condition negotiation.

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