Things are not looking good for the labor force according to the employment report for November. In response to the recession, firms began to cut back unnecessary work and figure out how to increase production per worker so that they could hire less people. What this means for the current economy, which has regained over 80% of the output initially lost but has only regained 11% of the labor force that was cut, is that firms don't really need to rehire the millions laid off because of the recession because they have found how to run their businesses effectively with less workers. There is a limit however to how much productivity can keep increasing without workers fighting back or without things like customer satisfaction becoming an issue. Hiring will likely not drastically increase until these issues become more prevalent.
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