Wednesday, September 10, 2014

Survey: U.S. workers face a dim future

Survey: U.S. workers face a dim future - New York News:
"WASHINGTON (AP) — U.S. workers face a dim future, with stagnant or falling pay and fewer openings for full-time jobs.
That's the picture that emerges from a survey of Harvard Business School alumni.
More than 40 percent of the respondents foresee lower pay and benefits for workers.
Roughly half favor outsourcing work over hiring staffers. A growing share prefer part-time employees.
Nearly half would rather invest in new technology than hire or retain workers.
At the same time, it's becoming harder for the executives to find skilled workers, according to the survey results being released Monday.
..."The bleak picture facing middle and working class Americans are the canary in our coal mine," said Rivkin, a Harvard business professor.
"Eventually, that will come back to haunt business."
.... "One way to think about it: The ship is sinking more slowly," Rivkin said."

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