Tag: government

September 9, 2014 0

Average Workweek Back at Pre-Recession Levels: What About the Obamacare Effect?

By News Desk

For detailed analysis, please consider The Worst Job Stat Continues To Get Even Worse by Jed Graham at Investor’s Business Daily. Amid all the focus on boosting the minimum wage and legislating living wages, virtually no one seems to have noticed what is happening to the workweek in low-wage industries. Since December 2012, private industries paying up to about $14.50 an hour have added, on net, 972,000 nonsupervisory jobs with an average workweek of a mere 17.7 hours, an IBD analysis finds.