this post was submitted on 06 Dec 2023
11 points (92.3% liked)

Work

130 readers
1 users here now

Good things and bad things about work

founded 2 years ago
MODERATORS
 

Hopefully it is working

you are viewing a single comment's thread
view the rest of the comments
[–] summarizer@group.lt 0 points 11 months ago

This is the best summary I could come up with:


And if it continues at this pace, it may reshape the workplace for decades to come — especially, Bruno said, with the soon-to-be dominant Gen Z rethinking how work fits into their identities.

It's the concept that underpins the middle class in America, that group of workers meant to be tucked in between the jet setters and those striving to move up in the world.

"The last four decades we have seen a gap between growing productivity and stagnating worker wages," Julie Su, the acting secretary of labor, told BI.

That drive comes alongside the Biden administration's stated desire to build out the economy from the bottom and middle, rather than through trickling down gains from the top.

For instance, the Treasury Department found in an August report that middle-class workers had been falling behind with more debt, more expensive houses, and increasingly pricier college education.

For employers who want to retain their workers, or lure in Gen Zers — who helped drive the Great Resignation and the union boom — it might pay to listen up.


The original article contains 1,155 words, the summary contains 177 words. Saved 85%. I'm a bot and I'm open source!