https://www.marketwatch.com/story/americans-are-stuck-in-a-financial-groundhog-day-2016-02-02
The U.S. had the fastest wage growth since 2009 in January. But in many other ways, American workers feel like they are working harder to achieve the same result.
Does today feel a bit like yesterday, and the day before that? Feb. 2
is Groundhog Day. In the 1993 movie of the same name, Phil (Murray)
wakes up at 6 a.m. only to find out that his day is actually exactly the
same as the day before and the day before that. “I think people place
too much emphasis on their careers,” he says. There may be a reason why
that resonates with people in 2018. “Americans are doomed to relive the
same reality each year: Forfeited vacation time, burnout, less time for
loved ones, and negative consequences for health and well-being,”
according to a report by the U.S. Travel Association’s Project Time Off.
More than half of Americans (53%) are burned out and overworked, according to this survey of more than 2,000 workers by Staples Advantage, a division of office supplier Staples Inc. US:SPLS “We
found that low pay and more hours is burning employees out and it
causes up to half of what employees quit,” says Dan Schawbel, founder of
WorkplaceTrends.com,
a research and advisory service for the human resources industry, who
helped create the Staples survey. Even so, year after year, most
Americans say they are one paycheck away from the street with no emergency savings for a car repair or emergency room visit.
More than a third of American workers don’t get sick leave
Today, President Obama’s proposing legislation that
would give American workers 7 days a year of paid sick leave. The U.S.
remains the world’s only wealthy nation that does not mandate a minimum
of paid sick leave, vacation leave or parental leave.
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