How did we get the 40-hour work week?

Big Government advocates often claim that we have government to thank for our modern 40-hour work week. In the bad old days, businesses forced employees to work super long hours, but then benevolent government stepped in and forced all businesses to limit the work week to 40 hours. How much of that is true? Let’s … Continue reading How did we get the 40-hour work week?

Advertisements

Has unemployment dropped enough since the Great Recession?

US unemployment shot up sharply during the Great Recession of 2008-2009. Since then, it has dropped back to more normal levels. Is unemployment now low enough? Let’s look at some facts. Multiple unemployment metrics The unemployment rate is defined as the percentage of the overall labor force that is jobless. Simple enough, right? Not really. … Continue reading Has unemployment dropped enough since the Great Recession?