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Links on
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The opinions
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Relations, The University of California, or the Regents of the
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Institute
of Industrial Relations Library
Labor and Employment Weblog
University of California, Berkeley |
Updated
2/2/2004; 1:34:33 PM
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Thursday, January 08, 2004 |
Argentine leader warms to business In recent weeks he has moved to woo the middle classes by toughening his line against leftist protesters, whose demonstrations have disrupted Buenos Aires almost daily. Although the economy is recovering from a bitter four-year recession and some jobs are being created, Argentina's poor have taken to the streets to protest high unemployment, which although down from a record 21.5 percent in May 2002 is still stuck at more than 17 percent.
[IHT: Business]
3:54:45 PM 
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Working hours in Europe The British work longer hours than anyone else in the European Union (EU), which may account for Britain's faster rate of economic growth in the past decade. But the European Commission wants to put a stop to it. In a recent communique it notes disapprovingly that, “The UK is the only member state where weekly working time has increased over the last decade.” The commission reckons that British companies may be systematically violating the EU's “Working Time Directive”. This ordains that Europeans should work a maximum of 48 hours a week on average. Under the directive, workers can sign an “opt-out”, agreeing to work more than 48 hours. Some 33% of British workers have signed such opt-outs, although only 16% are believed actually to be working more than 48 hours. [Economist: Business]
2:18:33 PM
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U.S. Retailers Fare Better Than Expected (AP). AP - Consumers who kept retailers in suspense for weeks gave many storeowners a better-than-expected holiday season after all, coming through at the last minute with a big spending spree. Even struggling department stores ended the season with solid results. [Yahoo! News - Business]
2:13:04 PM
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Copyright
2004
Janice Kimball
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