7/07/2004

Another Port Strike Looms

LA Times reports labor contract talks between industry and labor broke down last weekend. At issue: internet software that allows customers to bypass the clerks.

The last port shutdown cost billions of dollars and has vast ripple effects.

Europeans Extending Workweek

A report in today's NY Times, here, reports that Europe--France and Germany at least--are extending their work-weeks, because experiments in lesser hours per week haven't reduced unemployment. The article does not explain the theory behind that macro-economic connection, and seems to suggest that competition from lower-wage countries has more to do with it.