Because seniority andpay at Korean companies are typically based on age, many workers get pushed out in their mid- to late 50s before they have saved enough to retire.
An organizational ratio of workers into trade unions is only 17% here in Japan.That means many workers are not only unable to lead a decent life but also deprived of potential to fight.
Today, many workers have fallen victim to the bourgeoisie's campaigns, and have abandoned any hope of one day transforming the world and abolishing capitalist exploitation.
Many workers have been discouraged or are marginally attached, factoring these workers in gets us to 15.6% unemployment, which is certainly a depressionary-statistic.
Workers often did not even know that their factories and mines had been sold-let alone how they had been sold or to whom(a profound confusion I would witness a decade later in the state-owned factories of Iraq).
Productivity growth has stagnated over the past years and many of the workers who lost their jobs in manufacturing and construction during the crisis have regained employment in the services sector in jobs that often do not match their skills and are lower-paid.
These companies have done a great job of bringing the gig economy to the forefront of the conversation andshowing that flexible work is achievable, but for many workers, they need more certainty than those platforms can provide.
Until the 1910s,when labor markets were not yet fragmented, many workers had moved between companies seeking better working conditions, so there was a feeling of solidarity between skilled workers within the same industry and especially within the same occupation beyond the bounds of the individual company.
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