tag:blogger.com,1999:blog-5312853715123370916.post2472486276040135399..comments2024-03-17T00:10:44.022+00:00Comments on From Arse To Elbow: The art of looking busyDavid Timoneyhttp://www.blogger.com/profile/03568348438980023320noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-5312853715123370916.post-72971494284395949652012-06-02T12:32:26.852+01:002012-06-02T12:32:26.852+01:00A new paper from the Centre for Business Research ...A <a href="http://www.cbr.cam.ac.uk/pdf/BM_Report3.pdf" rel="nofollow">new paper</a> from the Centre for Business Research at Cambridge provides more evidence that labour-hoarding is the chief contributor to lower productivity. <br /><br />This also makes the crucial point that the hoarded labour is disproportionately made up of <i>overhead</i> roles, i.e. white collar / middle class jobs, while redundancy mainly affects <i>variable</i> roles that are directly linked to output, such as production line or telesales jobs.<br /><br />This helps explain why the predictions in 2009 that the current recession would mainly hit white-collar jobs have (outside the public sector) proved inaccurate. As usual, it's the working class jobs that have suffered most redundancies.David Timoneyhttps://www.blogger.com/profile/03568348438980023320noreply@blogger.com