Category Archives: Business Management

Turning Point for Union Representation?

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On 24 August 2023, the National Labor Relations Board (NLRB) finalized a rule that will shorten the time for folks to call for a union election.  IT also removes the discretion that had been afforded the various NLRB directors to delay hearings.

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Labor Day 2023

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Labor Day- that is the  first Monday in September.

Labor Day used to signify that school was about to start- tomorrow!  But, that calendar is no longer in vogue.  Some schools started last week and some even began two weeks ago. Others won’t start for yet a few more days.   But, it still is the harbinger of summer’s end for most of us.  (Yes, I know that Autumn begins on 23 September [it used to be on 21 September], but the pools close today…)

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Health Care Considerations

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So….

How many of you realize that President Biden has managed to fulfill the dream of the Affordable Care Act?   To make it possible for almost every American to obtain health insurance at a reasonable cost.  It is the culmination of the original plan.

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WFH option is needed for new hires

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The world has changed.  Those firms (ranging from Amazon to Chase Bank- anď in-between) that are demanding staff work in their offices 5 day a week are having a very difficult time hiring folks.  The labor market is now in the employee’s favor- with unemployment rates as low as 3.5%!

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Productivity Gains

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Well, what do you know.

We can finally report that everyone agrees that US Labor productivity is increasing.  As a matter of fact, it realized the largest increase (Q2 2023) is almost 3 years.  Productivity grew by 3.7% (annualized) rate, after declining during Q1 2023; wages, adjusted for inflation, only rose by 2.7%, the first increase in a year.  (That’s a 50% increase over the economists projections.)  Which means rising wages were offset by the increase in productivity.  (Unfortunately, the hours worked per week also dropped.)

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