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American life is improving for the lowest paid

economist.com

11–20 of 135 posts

Re: American life is improving for the lowest paid

#11
post #2

Headline: "American life is improving for the lowest paid; Come back capitalism, all is forgiven" Article: Low unemployment means anyone can find a job. "By last year, the poorest 10% were still earning only a miserly 4.1% more per hour than they did (in real wages) 40 years ago. Median hourly pay for America’s workers was up a little more, by 14%." "Low- and middle-income households remain anxious about volatile ear…

A good example of how the news is often both factual and "fake".

Re: American life is improving for the lowest paid

#13
post #4

"What’s really rare, he adds, is his annual week of paid holiday" I may be getting it wrong as I don't live in US, but does it mean he only gets one week of holidays per year? Is there any other form of paid off time?

https://www.bls.gov/ncs/ebs/benefits/2017/ownership/private/...

As of March 2017 ~23% of private industry workers have no paid time off

Re: American life is improving for the lowest paid

#14
post #4

"What’s really rare, he adds, is his annual week of paid holiday" I may be getting it wrong as I don't live in US, but does it mean he only gets one week of holidays per year? Is there any other form of paid off time?

I know it sounds crazy, it's because it is. Working in the US SUCKS for everyone.

That’s really not true. Plenty of people in the US do get paid time off. It’s just not required by law.

Re: American life is improving for the lowest paid

#15
post #4

"What’s really rare, he adds, is his annual week of paid holiday" I may be getting it wrong as I don't live in US, but does it mean he only gets one week of holidays per year? Is there any other form of paid off time?

There are no requirements for vacation days. However, by using the term 'holiday' it may be mixing things up slightly. In the US, you may get a holiday off (eg, bank holiday such as Christmas or New Year's Day), in addition to "paid time off" or "vacation" days that you use at your discretion.

Re: American life is improving for the lowest paid

#16
post #4

"What’s really rare, he adds, is his annual week of paid holiday" I may be getting it wrong as I don't live in US, but does it mean he only gets one week of holidays per year? Is there any other form of paid off time?

I have never worked an hourly paid job in the UK that has paid holiday.

I'm not sure they exist, it's sort of what hourly pay is - you get it when you work and not when you don't.

Personally I'm not sure it's something that makes sense, it should just be factored in to the wage. Most hourly paid jobs I know of don't have regular hours, even - how much do you pay for a week's holiday when some weeks the employee works 8 hours and some 24 hours? An average? Of what, if they've only been there a few months, say?

Now, time off, e.g. whether someone practically actually can take time off during the year without being sacked, is a different matter entirely.

Historically (before my career as a software developer) whenever I've felt like I need a bit of time out I've either had to negotiate it or just leave. It's usually far easier to quit a job than to convince your manager to let you go away for a few weeks. Sometimes the bureaucracy doesn't even, well, understand it.

I am personally completely convinced that the only answer to these sorts of issues is just to pay people properly. If they choose to chuck the money away regardless, it's on them.

Building some savings early in my adult life and maintaining them has been the best thing I've ever done. It turns the matter of "does this job offer holiday" "can I get the weekend off" stuff into an academic concern because you are in control.

Re: American life is improving for the lowest paid

#18
post #4

"What’s really rare, he adds, is his annual week of paid holiday" I may be getting it wrong as I don't live in US, but does it mean he only gets one week of holidays per year? Is there any other form of paid off time?

I have never worked an hourly paid job in the UK that has paid holiday. I'm not sure they exist, it's sort of what hourly pay is - you get it when you work and not when you don't. Personally I'm not sure it's something that makes sense, it should just be factored in to the wage. Most hourly paid jobs I know of don't have regular hours, even - how much do you pay for a week's holiday when some weeks the employee works…

Hang on - paid holiday is a legal requirement.

https://www.gov.uk/holiday-entitlement-rights

This applies to people on zero-hour contracts as well.

Re: American life is improving for the lowest paid

#19
post #15
post #4

"What’s really rare, he adds, is his annual week of paid holiday" I may be getting it wrong as I don't live in US, but does it mean he only gets one week of holidays per year? Is there any other form of paid off time?

There are no requirements for vacation days. However, by using the term 'holiday' it may be mixing things up slightly. In the US, you may get a holiday off (eg, bank holiday such as Christmas or New Year's Day), in addition to "paid time off" or "vacation" days that you use at your discretion.

I'd call that a "public holiday".

Re: American life is improving for the lowest paid

#20
post #4

"What’s really rare, he adds, is his annual week of paid holiday" I may be getting it wrong as I don't live in US, but does it mean he only gets one week of holidays per year? Is there any other form of paid off time?

As mentioned downthread, this is the unfortunate combination of the British English term (“holiday”) which American English replaces with “vacation”.

There are a set of Federal Holidays, but the Fair Labor Standards Act does not require that all workers get them off nor that they are paid [1]. There are some holidays that are Federal Holidays but are generally not observed nationwide (e.g., Colombus Day), however, banks and financial institutions including the stock market may be closed for them.

Most workers get about 10 weekdays off per year from these federal holidays (Thanksgiving Day, Christmas Day, etc.) but at the low end (think fast food worker) that’s often not the case. Particularly part-time workers often get nothing. A comment downthread suggests that 23% of workers get no vacation time, but that might or might not also mean “and no Federal Holidays”.

[1] https://www.dol.gov/general/topic/workhours/holidays

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