workforce

China Cracks Down on Millennial Anti-Work Movement

Chinese internet censors are deleting online forums promoting the millennial phenomenon known as “lying flat,” in which young Chinese people quit their jobs to opt out of an overworked lifestyle the Chinese Communist Party has pushed in recent years, the Hindustan Times reported Tuesday.

home office under the coronavirus outbreak

Federal Workers Earn 78% More Than Private Sector Employees, Study Shows

According to a study of data from the Bureau of Economic Analysis, conducted by the Cato Institute, compensation for federal workers is 78% higher on average than compensation for private sector employees.

“Federal civilian workers had an average wage of $84,153 in 2014, compared to an average in the private sector of $56,350,” according to the Cato review. “The federal advantage in overall compensation (wages plus benefits) is even greater. Federal compensation averaged $119,934 in 2014, which was 78 percent higher than the private-sector average of $67,246.”

d read

A Sense of Doom Hangs Over September’s Big-Miss Jobs Report

Analysts were expecting well over 200k new jobs for September – which isn’t really all that great, but at least it’s enough to keep pace with population growth. Instead, we got 142k new jobs, the past few months were revised downward, wage growth remained flat, and the labor force shrank by another hair-raising 350k, knocking workforce participation down to 62.4 percent.

job-fair-sign-AP

NYTimes: Where Are the Working Teenagers?

On Friday, The New York Times seemed completely bewildered by the plummeting rate of teenagers in the workforce. The Times observes, “Since 2000, the share of 16-to-19-year-olds who are working has plummeted by 40 percent, with fewer than a third of American teenagers in a job last summer.”

AP Image

May Jobs Report: Liberals Suddenly Rediscover the ‘Workforce’ Concept

After years of resolutely ignoring workforce decline – claiming every downward tick in the nominal unemployment rate was pure, undiluted joyous news, even though most of those ticks occurred because hundreds of thousands of people were giving up and dropping out of the workforce entirely – liberals are falling all over themselves to bang out Tweets and blog posts explaining how it’s a good thing that same nominal unemployment rate just ticked up.

The Associated Press

The Science Is Settled: Welfare Discourages Work

The practical and spiritual benefits of work and independence are undervalued in America today. It is better for the economy, and for the heart and soul of the individual, to work for $8 an hour than to be paid $12 an hour by the government to do nothing.

job-fair-sign-AP

Obama’s ‘Recovery’ Freezes Up Again

For the last few months, we’ve heard loud trumpeting about “strong” job reports and signs of economic growth, which the President and his defenders were naturally eager to claim credit for. Not in March.

REUTERS/MARK MAKELA