Reuters has a piece on how a bad economy is making more people go to work then stay at home. That sounds great on the surface but think about it. If you have more bad employees in the office, people who don't want to be there, then how are they gonna act? Productivity will be down and they're gonna make your good employees feel like crap.
Ultimately businesses will have to face a decision: Keeps the grumpy employees so you at least have bodies filling the seats in emergencies, or thin the herd and pay a butt-load of overtime. Thinning the herd seems to be the path most employers are taking. They feel that they can reward a few good (happy) employees more then pay to for whole bunch of people, many of who loath being at work.