Lately it seems like you can’t go a day without seeing news of another round of layoffs affecting workers and companies across the U.S. As companies seek to cut costs, however, they should be wary of the legal risks that come with implementing layoffs hastily or without regard for state…...
How many jobs need to be sacrificed to tame inflation? The cost is rising
Events have outpaced the best-laid plans of policymakers. The recent turmoil in the financial sector will place constraints on the Federal Reserve’s efforts to restore price stability. Our research indicates that the Fed, facing persistent inflation, will for now have to accept a de facto inflation target of 3% to…...
Assembly Lines and Respect for Work-Life Balance
The assembly line is often credited to Henry Ford and the first Model T. While there were some great advances in the moving assembly line, the history of the division of labor go back centuries. An assembly line has multiple workers performing the same task, in order, to produce a…...
