Tag: Virtual Firms

Going Through The Motions


51tgilp1VzL._SY300_It doesn’t take much sympathy to feel for the long-term unemployed, especially those who held down jobs for decades before discovering that — due to changes in the market, financial collapse, or injury — neither they nor their skills have useful employment. I’d even say that one needn’t be a raging leftist to at least consider whether the state should have some role in helping them transition into something new and remunerative, rather than let their skills and work habits atrophy to the point where they’re incapable of ever getting a new job.

It should come as little surprise that in Europe — where more than half of the unemployed haven’t had a job in over a year — consideration often turns into implementation. Sometimes, as this New York Times piece describes, that goes to some very, very weird places:

Sabine de Buyzer, working in the accounting department, leaned into her computer and scanned a row of numbers. Candelia [her employer] was doing well. Its revenue that week was outpacing expenses, even counting taxes and salaries. “We have to be profitable,” Ms. de Buyzer said. “Everyone’s working all out to make sure we succeed.”