My Authors
Read all threads
What is a "buffer stock" in terms of employment?

When people are unemployed, they make up a buffer stock of unemployed, potential workers for "the man".
They are a buffer... they are the stock should "the man" decide he needs more labor, the unemployed "buffer stock" makes up some of his low price options.

But employers like to hire employed people. They make some key assumptions:
An employed person is able to hold a job, has better hygiene for work and is more practiced in labor and able to slide over and perform the work required.

Is that true?

Maybe, maybe not... but one thing is for sure...
A Federal Job Guarantee provides an "employed bufferstock" of labor who have benefits and most likely better taken care of.

So you either leave people as employed or unemployed bufferstock.
As for me and my house, we would have LOVED to be employed bufferstock during the Global Financial Crisis.
Do you understand what the term "buffer stock" is now?As for me and my house, we would have LOVED to be employed bufferstock during the Global Financial Crisis.

Do you understand what the term "buffer stock" is now?
Missing some Tweet in this thread? You can try to force a refresh.

Keep Current with Austerity is Murder🌹

Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!