As paid sick leave laws continue to gain traction across the United States, a recent report finds such policies to be a win-win for workers and their employers.
For its report, the Institute for Women's Policy Research (IWPR) examined over a dozen scholarly and policy research articles covering the health, economic and social benefits of paid sick time.
"Seeing the research brought together, from a range of disciplines, makes a striking case for universal access to paid sick days as a low-cost strategy for improving health and economic well-being," IWPR Vice President and Executive Director Barbara Gault said in a statement.
The U.S. labor market remains tough for today's young high school and college graduates, but their job prospects are brighter than they were for past groups of students who graduated in the wake of the Great Recession, finds a new analysis by the Economic Policy Institute (EPI)
Nonetheless, recent graduates continue to experience poor wage growth as well as unemployment and underemployment rates higher than pre-recession levels, according to the liberal think tank. Unemployment rates among young college and high school graduates also remain higher for blacks and Hispanics than whites.
"Though there has been improvement since the unemployment rate for young workers peaked in 2010, the labor market has still not completely recovered," reads EPI's report. "Thus, the class of 2016 will be the eighth consecutive graduating class to enter the labor market during a period of weakness. The evidence suggests that because of their unlucky timing -- in other words, through absolutely no fault of their own -- this cohort is likely to fare poorly for at least the next decade."