The Spark

“The emancipation of the working class will only be achieved by the working class itself.” — Karl Marx

Study shows most job losses caused right here

Nov 21, 2005

Every time a company lays off workers or demands concessions, someone blames it on jobs being lost to other countries.

That’s one of the biggest falsehoods around. The Department of Labor just published a very revealing study in the August issue of Monthly Labor Review. Of the big layoffs in 2004, only 2.5% of the jobs were lost because of the movement of work to other countries!

That leaves 97.5% of jobs lost to account for. And behind most of them was the fact that the same output, or even more, was produced by a smaller number of workers.

There is a reason we hear so much about lost jobs going to Mexico, China and other countries. It hides who is responsible for layoffs – companies right here at home, in fact, within easy reach of us. And it diverts us from fighting against something we can stop, that is, speed-up.

Don’t let them trick us!