Reader comments: Jobless claims jump, productivity soars
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Rico | 1:29 p.m. Sept. 4, 2008
So, let me get this straight... Jobless claims jump while productivity soars. Did the market finally unload some of its dead wood? Were the people who were laid off the people who just show up to work and do little else, dragging down the productivity of the company they work for? It would seem that way...
Brock | 2:43 p.m. Sept. 4, 2008
The logic behind this maybe that there are too many workers for the capital used for production. So as workers are laid off, the productivity of each individual worker increases. It would follow the law of marginal diminshing returns, each additional worker that is subtracted from the individual worker force would increase the other marginal returns.
Just Curious | 5:15 p.m. Sept. 4, 2008
How old are these people who are now filing for unemployment?
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