U.S. workers have gotten way less productive. No one is sure why.

[Cuddles]

People return to offices, productivity plunges
https://fox5sandiego.com/news/national-news/people-return-to-offices-productivity-plunges/

make up your mind will you?

Millennials aren't even willing to work. They have to be America's most worthless generation.

61% of millennials would quit their job if they were asked to work in the office five days a week
https://www.ladbible.com/news/61-of...it-if-they-had-to-work-in-the-office-20221006

They would quit merely because their employers demanded that they show up in the workplace which is an expectation of the job.

Sadly these millennials are about to learn a harsh lesson. The economy is slowing, they will not longer hold the upper hand with employers (who are now laying off rather than hiring), and their lazy, entitled millennial rears are first on the list to be let go.

The era of their remote work demands is over. Covid vaccination is readily available and there is no longer any reason to work from home. As we turn the corner into 2023 workplaces will increasing expect their employees to be on-site 40 hours per week as was done for decades before 2020. Nor will switching jobs help a millennial much when all employers are expecting their employees on-site.

As one local CEO recently stated -- "They can work from anywhere they want... as long as it is the office".

 

[gwb-trading]

Idk. But common sense says productivity boomed with wfh then plunged as return to office then we might want to check our prior beliefs as biased.

To be fair, it could also just be workers are adjusting to the grind of the commute and less family time etc. Wait that seems like a bad thing.

Well considering professional workers spend on average about 2 hours more per day working -- when they are home than when they are in the office (according to some surveys) --- Is it any surprise that work from home is more productive.

Now the questions on better teaming, building work relationships, improving communication, enhanced sharing, etc. when everyone is remote is a different but associated issue.

 

[Cuddles]

Idk. But common sense says productivity boomed with wfh then plunged as return to office then we might want to check our prior beliefs as biased.

To be fair, it could also just be workers are adjusting to the grind of the commute and less family time etc. Wait that seems like a bad thing.

Problem is compensation not keeping up w/inflation which is a bit difficult when bumping compensation increases inflation. Employees have leverage right now, all this "quiet quitting" media BS is just called doing your job and not more. All this productivity decrease is workers taking some of their compensation back via personal time or doing exactly what they're paid for.

 

[UsualName]

Problem is compensation not keeping up w/inflation which is a bit difficult when bumping compensation increases inflation. Employees have leverage right now, all this "quiet quitting" media BS is just called doing your job and not more. All this productivity decrease is workers taking some of their compensation back via personal time or doing exactly what they're paid for.

Was just reviewing the new jobs print and wages up again…

 

[Cuddles]

Was just reviewing the new jobs print and wages up again…

Microsoft's CEO take in that NYT piece had the right approach. If comps can't compete w/the employees they got, tough titties, it's called capitalism.

 

[notagain]

Blame the culture war, Biden's marching the country into a ditch.
Elon has the right idea, liquidate half of big techs work force.

 

[Ricter]

Well considering professional workers spend on average about 2 hours more per day working -- when they are home than when they are in the office (according to some surveys) --- Is it any surprise that work from home is more productive.

If you think of productivity as output per unit time, this is not necessarily a productivity improvement. It seems that way if the company's accounting conveniently ignores that two hour "externality".

 

[Ricter]

Blame the culture war, Biden's marching the country into a ditch.
Elon has the right idea, liquidate half of big techs work force.

Lol, Musk is crying TODAY about falling revenue.

 

[Cuddles]

If you think of productivity as output per unit time, this is not necessarily a productivity improvement. It seems that way if the company's accounting conveniently ignores that two hour "externality".

GWB doesn't even know what to think day to day:
https://www.elitetrader.com/et/thre...b-and-have-to-pay-for-it.298803/#post-5691701