Why employment is dead in the water. “For most businesses, overhead costs 50% to 100% of total employee compensation–wages plus benefits and payroll taxes. So adding another employee to gross 20% more doesn’t make it worthwhile–it actually generates a loss once overhead costs are paid.” Profits? Costs? Overhead? This is a foreign language to academics and politicians, to whom money apparently grows on trees along with the unicorn steaks.

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18 Comments on "Why employment is dead in the water"

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jcrowley1985
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jcrowley1985
January 28, 2013 7:42 am

Or you know, it could just be Corporate Greed.

sa_rose
Member
sa_rose
February 1, 2013 10:04 pm

Or it could be just stupid, unthinking morons. Like you!

ooddballz
Member
ooddballz
January 28, 2013 8:21 am

of course you do, but you are a moron.

PsychoDad
Guest
January 28, 2013 7:46 am

Shut up, creepycrawley

deepthinker
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deepthinker
January 28, 2013 7:40 am

This is why academia should be forced to actually leave their sheltered lives, work in the private sector for at least 2 consecutive years, then just maybe they would understand that all if their lectures are fantasies and bull shit.

As for the dim wit politicians, they are a lost cause and the sooner everyone that votes D for dumbass realize it. The sooner they can get a grip on reality and begin the process of becoming self reliant.

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