If it seems like working life sucks more than it used to, it’s not just you; things use to be much better. In this video, we learn how a combination of technology, a lack of unionization, and chronic understaffing has made more work for everyone. Technology allowed people to do more and save on labor but companies simply hired less leading to understaffing. Without unions in many industries, there was no counter-balancing force to stop this from happening. The result has been a culture of overwork and stagnant wages.
Work didn’t used to suck but it does now. Why is that? Watch this video to find out more from The Financial Diet.
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