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Workers in the European Union get at least 20.Canadian and Japanese employees get at least 10.Americans get zero.A recent study released by the Center for Economic and Policy Research (CEPR) shows the U.S. is the only advanced economy that doesn't legally guarantee paid vacation and holiday time for workers. Without the requirement, nearly one in four Americans has no paid time off.Of course, many employers offer paid time off as part of benefit packages to lure top talent, with CEPR, a Washington-based nonprofit, reporting private-sector workers get an average of 10 paid vacation days and six paid holidays a year.The U.S. has been dubbed the no-vacation nation because of the lack of government-mandated paid time off, but is it really such a bad label to have?"Considering the economic health of many of the eurozone countries and their employment record, I am mystified that we should feel obligated to compete with their vacation-day track record," says Dan Mitchell, economist and senior...
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Rolling Stone's Matt Taibbi on the financial reform bill passing in the House despite efforts by the banking lobbyists.
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An arbitration panel has ruled that Wachovia Securities Inc. must pay an ex-congressman from Florida $852,000 for damages related to an alleged Ponzi scheme.The awar...
