3.20.2005

Jobs in Bush's America: Corporate Profits Never Higher; Employee Benefits Never Lower

Here. Snip:

Slashed sick leave is part of a broad assault on labor — roundly ignored in the last election — across a downsized workplace as the burden of risk shifts from employers to employees, who, if anyone's listening out there, are livid about it, whether Republican or Democrat or independent. Companies are cutting or eliminating vacation leave (nearly a third of American women don't get any; a quarter of men), pensions, health insurance and ergonomics rules. Meanwhile, the Economist reports that corporate profits in the U.S. are higher than they've been in 75 years as benefits — including sick leave — shrink.