Work from home: mostly for the high end
Judging from the media coverage of the work from home (WFH) phenomenon, you’d think it’s become near universal. It’s not. In July, only about one in eight workers were teleworking—the Bureau of Labor Statistics’ (BLS) preferred term—and those are heavily concentrated in a few sectors and occupations, and among the highly credentialed. According to BLS stats, in July 2021, just 13% of workers are doing so remotely because of the pandemic, down from 35% in May 2020, the first month the numbers were collected. (See graph below.) And that initial 35% number… Read More
Fresh audio product
Just added to my radio archive (click on date for link): May 28, 2020 Excerpts from a virtual panel sponsored by Red May, Seattle: Jodi Dean, Leo Panitch, and Asad Haider on the current crisis, with lots about how socialists should engage with the state (full session, with video, here)
Measuring the carnage
When Trump promised to end “American carnage” in his inaugural address, he had no idea he’d end up presiding over mass death and economic collapse, but history can be a brutal ironist. Here’s a look at the bloodletting in the job market, which is central to most people’s economic well-being. Most of the time, the monthly employment report from the Bureau of Labor Statistics is of interest mostly to econogeeks, but the April 2020 edition, released on Friday, May 8, was like no other since the end of World War II. The… Read More
LBO News from Doug Henwood 