Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Jobless Masses a Boon for Employers

Companies can hire better workers, pay less

By Kevin Spak,  Newser Staff

Posted Jun 28, 2010 3:00 PM CDT

(Newser) – High unemployment isn’t bad for everyone. Many companies are taking advantage of the jobless masses, hiring extremely motivated workers at discount rates, Bloomberg reports. “Companies are getting higher-productivity employees for the same or lower wage rate they were paying a marginal employee,”...   Read full story »

COMMENTS
You need to Log in to Newser to comment. Don't have an account yet? Sign up now!
16 comments
 

NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   BuzzFeed   |   Cracked   |   Timelines   |   POPSUGAR Tech   |   Business Insider   |   HuffPost Entertainment   |   NewsOne