Firms Will Pay When Workers Make Escape
USA Today: “The Labor Department’s most recent report says that 308,000 new jobs were created, the most in four years. The Bush administration is treating the improved job performance as good news — and it is. Except for one very serious problem that’s lurking below the headlines. This beneath-the-surface issue isn’t jobs. It’s work. Specifically, it’s the growing recognition by workers that corporate leaders have so abused them during the recent recession that, when a job-producing recovery really kicks in, as appears to be happening, companies will suffer a tsunami-like wave of employee defection. The disruption will be enormous; the costs, astronomical. And the signs are already there that foreshadow just how serious the problem could become.”
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