Unemployment 4.2%

Henry C.K. Liu hliu at mindspring.com
Fri Jun 18 12:07:46 PDT 1999


Plus they have more political clout.

Henry C.K. Liu

Doug Henwood wrote:


> Tom Waters wrote:
>
> >I assume that's because employment is not the only component of
> >working-class well-being, rather than because employment has nothing to do
> >with well-being. I wish I had a job.
> >
> >What are the reasons why European workers as a class are better off than
> >US workers? Can those other components of well-being be meaningfully
> >combined with employment to give a better picture?
>
> Relatively higher wages (and in some countries, absolutely higher wages),
> better benefits, more leisure, a more generous welfare state, less risk of
> job loss (though not that much less).
>
> Doug



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