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Recovery for whom? Worker productivity figures shoot up, with no gains in employment or wages to show for it. Newly released figures of the Department of Labor show that productivity has sharply increased in the second quarter of 2009 but employers' labor costs have plummeted. To analyze these numbers, The Real News spoke to Richard D. Wolff, economist at the New School in New York City, who speaks on whether these numbers are good for workers. (video) http://therealnews.com/t/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=4120 |
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