Keynes Predicted 15-Hour Workweeks. Reality: 43 Hours

A massive 160-country study by Amory Gethin and Emmanuel Saez finds no evidence that longer working hours mean higher prosperity. 59% of adults 15+ work 43 hours/week, men do two-thirds of world work hours vs women’s one-third, and policy decisions on education, retirement, labor law drive work patterns more than income or market forces.

Read Full- https://economicsperspective.com/explained/IMF-WorkandWealth-KeynesPredicted/

#BreakingNews #labourmarket

AI Bubble: You shouldn’t build a business on an AI subscription | Natasha Bernal

YouTube
#AnimocaBrands co-founder #YatSiu believes that while #AI will #disrupt the #labourmarket, it will ultimately create more #jobs and increase the demand for #creativity. Siu argues that machines will handle tasks, allowing humans to focus on creativity and coordination. https://www.cnbc.com/2026/06/14/ceo-of-.html?eicker.news #tech #media #news
B.C. home sales down in May, with rising mortgage rates and weak labour market
The B.C. Real Estate Association says home sales on the Multiple Listing Service System in May reached just short of 6,800 units, down two per cent from the same period in 2025.
#News #Canada #BritishColumbia
https://www.cbc.ca/news/canada/british-columbia/bc-home-sales-may-report-9.7232533?cmp=rss
1 BMO: The #BankofCanada held policy rates at 2.25%, as expected. The policy statement was matter of fact, with no big surprises. The Bank noted softer Q1 #GDP growth, -0.1% vs the +1.5% forecast in the April MPR, while the #labourmarket picture … 🧵 #BOC #cdnecon
📓 New study by CPC-CG member Professor David Bell finds that deteriorating #mentalhealth is particularly prominent among #women under the age of 25, and in #Scotland, with #unemployment, under-employment and an unstable #labourmarket possible contributing factors: https://www.stir.ac.uk/news/2026/june-2026-news/youth-mental-health-deepening-in-uk-and-labour-market-could-be-to-blame/
Youth mental health deepening in UK, and labour market could be to blame | About | University of Stirling

Youth mental health deepening in UK, and labour market could be to blame

University of Stirling
The graduate job market is grim right now – but the data says university is still worth it | The-14

Graduate jobs are scarce, but data shows university graduates still enjoy lower unemployment and stronger lifetime earnings than non-graduates.

The-14 Pictures

Did you know overeducation in the US rose in the early 2000s? 🎓📈 A study by Lina Tobler and Julia Leesch shows that between 2003 and 2011, more workers held jobs below their education level, while undereducation declined. The key driver? Shifts in supply and demand, not matching patterns. As education expanded, the labour market did not fully keep pace. 🌍💼

Details: https://uni.koeln/RFAV3 

#LabourMarket #EducationResearch #Overeducation #SocialScience #Demography #WorkTrends #HigherEducation

Employment insurance helping fewer Canadians as workforce shifts to gig work, part-time jobs, new report finds
In its latest poverty report card, Food Banks Canada says the labour market has shifted toward part-time, temporary and contract work, while EI only caters to a shrinking workforce that has stable, full-time work with a single employer.
https://www.cbc.ca/news/canada/toronto/food-banks-canada-ei-report-9.7218767?cmp=rss
Employment insurance helping fewer Canadians as workforce shifts to gig work, part-time jobs, new report finds
In its latest poverty report card, Food Banks Canada says the labour market has shifted toward part-time, temporary and contract work, while EI only caters to a shrinking workforce that has stable, full-time work with a single employer.
https://www.cbc.ca/news/canada/toronto/food-banks-canada-ei-report-9.7218767?cmp=rss