#wage-effects

#wage-effects

Britain's tax wedge, which estimates total taxes on labour paid by employees and employers, minus cash benefits received by working households, increased by 2.45 percentage points last year, the most in the OECD.

"There are very real economic forces that are limiting the options for non-college-educated men in the United States. Some of what we're seeing is simply rational responses to a system that's pricing them out."

The UK unemployment rate fell from 5.2% to 4.9%, driven more by increased economic inactivity, particularly as fewer students sought work.

Caregiving strain is the cognitive, emotional, and logistical burden of coordinating care for children, parents, or other dependents, and it was found to be the most powerful predictor of workforce exit.

Under the law, noncompete agreements will be unenforceable for Washington-based workers and businesses starting on the effective date. Employers will be barred from entering into new agreements and must notify current and former workers in writing by Oct. 1, 2027, that existing noncompete clauses are void.

The Vermont Labor Relations Board has ordered that Gov. Phil Scott's administration 'rescind' a controversial requirement that state employees return to their physical offices three days per week. The board stated that the state has 'refused to bargain in good faith and interfered with employees' exercise of rights' in requiring in-person work.

Within the workplace, the content and conditions of work are largely controlled by employers who often have an interest in degrading the quality of work, both to increase productivity and to increase their control over employees in the workplace. Outside the workplace, employers have both an incentive and the power to undermine measures that would improve the quality of work through the political process.

Work, in the words of Karl Marx, is a "means of life" in two senses. It is, first of all, an instrument for human life. It is the activity by which we reproduce ourselves from day to day, from year to year, from generation to generation. But work also forms, so to speak, much of the matter of human life, at least for most people in any society with which we are familiar.

You got the selfish, non team player caring only about their own quota who will steal your work to make themselves better. Don't confuse this with being an overachiever. You got the self centered person who's time and work is more important than yours. That person also has been at the company for 600 years so they know it all and thinks they're very smart saying the same jokes over and over.

At least 125 employees, which is more than 20% of the company's workforce, were let go as Underdog shifts away from some of its traditional offerings and leans more heavily into prediction markets. Teams in fraud operations, marketing, customer support, and product were among those affected.

It's an indicator of economic health and the direction of the state,

We introduce a new measure of AI displacement risk, observed exposure, that combines theoretical LLM capability and real-world usage data, weighting automated (rather than augmentative) and work-related uses more heavily. AI is far from reaching its theoretical capability: actual coverage remains a fraction of what's feasible.

A friend recently told me a story that made this reality impossible to ignore. Her elderly parents live near an elementary school not far from the nation's capital. For several years, they had been quietly raising money to provide groceries and basic supplies for families whose children were going hungry. When Republicans suspended SNAP benefits, the need surged overnight. What had been a steady act of care suddenly became an emergency response.

In a note on Saturday, he recalled economist Robert Solow's quip from the 1980s as PCs were transforming the economy: "You can see the computer age everywhere but in the productivity statistics." The same thing can be said today about AI, Slok wrote, noting that data on employment, productivity and inflation are still not showing signs of the new technology.

In today's job market, amid persistent inflation, job seekers want more compensation. In many cases, though, employers simply can't give more. In fact, nearly three-quarters of employers are concerned about meeting candidates' salary expectations, according to Robert Half's 2026 Salary Guide. To fill the gap, many are coming to the negotiation table with a focus on everything else in the compensation package.