The Disposable American: Layoffs and Their Consequences

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Author: Louis Uchitelle

ISBN-10: 1400034337

ISBN-13: 9781400034338

Category: Labor Economics

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Layoffs have become a fact of life in today’s economy; initiated in the mid 1970s, they are now widely expected, and even accepted. It doesn’t have to be that way.In The Disposable American, award-winning reporter Louis Uchitelle offers an eye-opening account of layoffs in America–how they started, their questionable necessity, and their devastating psychological impact on individuals at all income levels. Through portraits of both executives and workers at companies such as Stanley Works, United Airlines, and Citigroup, Uchitelle shows how layoffs are in fact counterproductive, rarely promoting efficiency or profitability in the long term. Recognizing that a global competitive economy makes tightening necessary, Uchitelle offers specific recommendations for government policies that would encourage companies to avoid layoffs and help create jobs, benefiting workers, corporations, and the nation as a whole. The New York Times - Thomas Geoghegan Many readers know Mr. Uchitelle as a business journalist with an acute analytic bent. That is in this book, but there is a surprising passion as well. He urges demands that Americans speak up: not to give empty speeches about how more of us should go to college, or "skill up," but to stop the layoffs from ravaging us all.

Introduction - myths that blind1The Stanley works32The rise of steady work243Retraining the mechanics - but for what?494The shock, part 1805The shock, part 2986Dismantling job security, 1977 to 19971247A green light from Clinton1518The consequences - undoing sanity1789Solutions205