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%!
Continue reading WFH option is needed for new hires
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.)
Continue reading Productivity Gains
I do remember my MAD magazine. Which I loved long before I found out the founder was a chemistry major at Brooklyn Poly. (He dropped out.)
Continue reading SCOTUS won’t change the WFH dilemna
Talk about the new normal! Bet you that 12 months ago, almost every one of us would complain about the government speak in the headlines. What the heck (yeah, I know, most of us rely on WTF) does WFH mean? Now, it rolls off our tongues like we've known this concept for decades!
I’ve been thinking about writing about this for some time now.
First, because we’ve been hibernating in our homes or apartments for months. And, all those jokes about wearing pajamas- or wearing nothing at all while we work- have more than a few grains of truth in them.
Continue reading Expunge the grunge!