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Cluster Family Office Blog

WWFF (Will Work For Food)

«I'm looking for a job.» This is the phrase that is taking hold across the Western world, particularly in Spain. Jobs lost due to the economic climate – to put it mildly, the punishment we all deserve – will not be replaced by new ones. A job is rapidly becoming a true luxury that must be cherished like a treasure.

However For many, work is still a right that an evil, exploitative entity cruelly denies them in exchange for greedy profits, and for which we must fight through protest, threats and social pressure.

For the long-term unemployed, this inability to find a new job is an unmitigated tragedy. However, not everyone who still has a job realises that they hold a gem that is very difficult to replace, and very few make a substantial effort to boost their productivity in an attempt to keep their job. Nevertheless, such efforts do not guarantee job security either, and it is possible that the damage to the business is so severe that redundancies or closures will be devastating. The fact is that for many companies, any reaction in terms of labour productivity – if it occurs at all – comes too late.

The bar for securing new jobs in the near future – and indeed right now – is rising day by day. In other words, wages for highly qualified staff are falling, whilst competition for unskilled roles is fierce and candidates are disproportionately well-prepared for those tasks. Supply and demand, after all, but they turn into harsh realities accompanied by deeply personal tragedies.

In this setting, I read an article by Putabolsa with the straightforward title «Looking for work» which I would like to modestly highlight here. I find it a sincere and honest piece, though in my view somewhat overly defeatist, written by someone who is a leading figure in the world of stock market blogging in Spain. Yet another example of how a situation is unfolding that has long been on the cards. I recommend that you read it and don’t miss the nearly hundred comments of all kinds received on the post in question, some of which come from the most prestigious bloggers in this country. As for me, Cesc, I’ll repeat what I already told you in comment number 59 (although I know that isn’t the point of your article). All the best, and see you soon. I’ll leave you with a pithy quote from that article:

«If you're one of those who still have a job, whether it's a crap job or a a real treat »It's a really well-paid job – count yourself lucky, believe me."

Bitchbag.

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