Independent thinking for complex markets and current events
There was a time when my weeks all felt the same. Monday came and went, dragging into Tuesday. Friday seemed forever away. I was working hard, but by the weekend I was so worn out I couldn’t really enjoy it. The stress built quietly and followed me right back into the next week. Something had …
🚨The US labor market is not healthy: The average weekly hours came at 34.2 in March, the second-lowest in 5 years. Americans work the least hours in aggregate since the 2020 crisis and in line with the Financial Crisis. This means employers reduced hours to avoid layoffs. pic.twitter.com/JaoH5rrna3 — Global Markets Investor (@GlobalMktObserv) April 11, …
TOKYO (AP) — Japan, a nation so hardworking its language has a term for literally working oneself to death, is trying to address a worrisome labor shortage by coaxing more people and companies to adopt four-day workweeks. The Japanese government first expressed support for a shorter working week in 2021, after lawmakers endorsed the idea. …
via Mike Shedlock “Moving to a 32-hour workweek with no loss of pay is not a radical idea,” said Senator Sanders. In legislation absolutely certain of going nowhere, Bernie Sanders Introduces Legislation to Enact a 32-Hour Workweek with No Loss in Pay “It is time to reduce the stress level in our country and allow Americans …
Our car companies stopped being private enterprises during the Obama administration. These days they’re burning through billions of dollars following the government plan for replacing cars with EVs. The UAW is in the driver’s seat because it elects the politicians who give car companies their marching orders. After turning down a mere 21% pay hike, …