AlanaSemuels

AlanaSemuels


Senior Economics Correspondent, @TIME. Formerly The Atlantic, LA Times. 4 time Loeb finalist. Substack here: http://alanasemuels.substack.com

10897 followers  •  1810 follow  •    •   http://www.alanasemuels.com

I love this look for you, American workers. But how long can it last with such high inflation? "25 hours is the new 35." Why more Americans are opting to work part time.

I keep wondering, why do employees just submit? They're returning to the office, waving good-bye to time off, and seemingly shrugging as bosses cut perks ... in a strong economy. "We crumble pretty quickly," a source told me.

Meanwhile, Yelp, which allows employees to work from anywhere, says it saw record revenues, higher employee satisfaction, and average time to hire reduced by 23% since 2019.

Work stoppages -- strikes and lockouts -- increased by 50% in 2022 and the number of workers involved increased by 60%, according to new report from Cornell's @ILRLaborAction  tracker.

Consumer spending is still going strong and today's Commerce Dept data again suggests the U.S. economy is doing pretty well. Why that's not great if you're poor:

Happy Women's History Month, women still make about 80% of what men do, same as in 2002.

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High mortgage rates aren't just keeping buyers out of the market -- they've motivating would-be sellers to stay put. That's one reason there's such low housing inventory in markets across the U.S.

Re-upping @theindicator  podcast about U.S. demographics after this morning's jobs report. America's aging population and low immigration rates are really starting to hit the labor market (see Beige Book report about construction co. flying in workers)

fascinating to me how so many economic forecasters are absolutely salivating for any signs of a recession. relax, pals!

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The unemployment rate in Elkhart, Ind. went from 22% to 4%. Yet voters don't give Obama credit for a recovery. Why?

If you've never noticed the Great Tampon Shortage of 2022, you probably don't use them. If you have wondered about it, I have answers for you!

1/ I have been a journalist for 15+ years and was a Loeb finalist three times, for work including longform Atlantic pieces. But when I asked if I could work with an editor to write a feature piece for the magazine in the next year, I was told that was not possible. So I left.

Here sums up the past decade's gig economy: "Venture capitalists have subsidized the creation of platforms for low-paying work that deliver on-demand servant services to rich people, while subjecting all parties to increased surveillance."

I paid $3k over MSRP for my new car. The dealership also charged me $199 for VIN etching it didn’t actually do. So I looked into why car dealerships have the leverage to treat customers like this.

Video game company revenues are at an all-time high, surpassing box office receipts by some estimates. But workers say conditions are worsening, and are pushing for a union similar to the Hollywood guilds. My piece as E3 kicks off in LA:

What is the future of football as concussion worries grow? I visited two families, one black and one white, with teenage boys, to examine the sport’s widening racial divide:

That’s quite a caption. . . in a New York Times story

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Are unions, like so many other things, becoming a privilege for the educated? Campaigns to organize blue-collar workers are failing, while ones to unionize white-collar workers are succeeding. My latest:

Say what you will about Prop. C, but after Seattle businesses defeated the head tax, saying that they wanted to solve homelessness but that a head tax wasn't the right solution, no new plan emerged, and more homeless are dying on the streets.

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