productivity

Doug Henwood dhenwood at panix.com
Thu Dec 16 06:57:28 PST 1999


Jordan Hayes wrote:


>It's not Kinkos that skews this number; it's Merill Lynch.
>
>"Exempt" employees are reported as "40 hours" -- which if you can
>find an exempt employee working at an investment bank who works
>40 hours, I'll give you my hat.

Yeah, but 80% of the U.S. private sector work force consists of "nonsupervisory" or "production" workers. There are only 700,000 people - 0.5% of total employment - working for "security and commodity brokers."

Doug



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