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Tag Archives: labor

America’s Missing Workers, Who Are They?

Before you start chattering at me about this and that detail, let’s get an understanding. I am supply chain and manufacturing or manufacturing and supply chain. If there was a job opening in either and with appropriate pay, I was more than likely in. Companies hiring me usually did so because they had a problem. When I solved it in a couple of years, I was also expendable after 2 more years. Usually a recession would roll around, the company was...

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How is the working-middle class doing? Real average non-supervisory wages

Real average hourly wages and real aggregate payrolls for October  – by New Deal democrat With yesterday’s report on October consumer prices, we can take up two of my favorite measures of how the working/middle class is doing – real average non-supervisory wages, and real aggregate payrolls. Real average wages for non-supervisory workers declined -0.1% for the month. They are -5% below their pandemic lockdown peak (which, recall, was...

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Solutionary Rail – A people-powered campaign to electrify America’s railroads . . .

Solutionary Rail – “A people-powered campaign to electrify America’s railroads and open corridors to a clean energy future“ I was wandering around the internet when I came across the Solutionary Rail site. I was looking for something in particular and was not able to find it. The site itself gives the detail on why railway worker were set to strike. If you don’t know railways carry the bulk of freight (which includes automotive components across...

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The labor market closes out 2021 on the best note yet

The labor market closes out 2021 on the best note yet The final economic data in 2021 was this morning’s report on initial and continued jobless claims. And the good news for workers continued. New claims declined back under 200,000 to 198,000, the best pandemic showing except for November 20’s 194,000, and December 4’s 188,000. The 4 week average of new claims declined to 199,250: This is the best showing for the 4 week average in over...

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Disposable time as a common-pool resource I — Introduction

Disposable time as a common-pool resource I — Introduction About a decade ago, I wrote a short piece about “labour power as a common-pool resource” that got picked up by Michel Bauwens of the P2P Foundation and led to me being invited to a conference on the commons in Berlin put on by the Heinrich Böll Foundation. I would now like to amend that to regard disposable time as the common-pool resource in question. Much of my original rationale applies...

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Socially Ambivalent Labour Time VII: Capital volume 1, chapters one and three

EconoSpeak: Socially Ambivalent Labour Time VII: Capital volume 1, chapters one and three. Sandwichman, July 30, 2021 Afterword to the Second German Edition [of Das Kapital, Buch 1] (1873): I must start by informing the readers of the first edition about the alterations made in the second edition. One is struck at once by the clearer arrangement of the book. Additional notes are everywhere marked as notes to the second edition. The following...

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We need more jobs with longer hours

Coberly: “We need more jobs with longer hours and cheaper plastic toys to distract ourselves from our empty lives.” being facetious . . . . Or Do we? EMichael: American Average Work Hours: At least 134 countries have laws setting the maximum length of the work week; the U.S. does not.In the U.S., 85.8 percent of males and 66.5 percent of females work more than 40 hours per week.According to the ILO, “Americans work 137 more hours per...

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INTERVIEW WITH STAVROS MAVROUDEAS ON THE PANDEMIC AND ITS CONSEQUENCES ON THE ECONOMY AND WORK – Bollettino Culturale

The italian website Bollettino Culturale hosted the following interview with Stavros Mavroudeas on the COVID-19 pandemic and its consequences on the economy and labour https://bollettinoculturale.blogspot.com/2021/07/intervista-stavros-mavroudeas-sulla.html?m=1&fbclid=IwAR3zji71ezVNRABTmQbI4k-Uf7MYewhy26pdjmXISxlH2FdhMygmRswj_qs 1. How do you judge the management of the pandemic in the European Union? I have argued elsewhere...

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Four measures of labor market losses in the pandemic

Four measures of labor market losses in the pandemic Below is a graph of 4 ways of measuring the downturn in the labor market due to the pandemic:1. Payrolls (blue) – this is the headline jobs number from the establishment survey2. Civilian employment (green) – this is the equivalent number from the household survey.3. Aggregate hours worked (red) – tracks hours rather than jobs.4. Aggregate payrolls (gold) – tracks total payrolls rather than...

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IPA’s weekly links

Pretty good piece in SSIR by Kevin Starr and Sarah Miers of the Mulago Foundation, why don’t big NGOs scale up other social entrepreneurs’ solutions? They spoke to a bunch of leaders and once they got past the laughter and disbelief at the idea, found “Not created here syndrome” that everybody knows about Big funders like government aid agencies prioritize project-based work Differing priorities at country vs. headquarters Hard to replicate someone else’s idea and get it to work They...

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