The labor shortage has grown so acute that the government recently pushed through a contentious bill to address it. Widely referred to as the slave law, it allows employers to require up to 400 hours of overtime annually from its workers, while delaying compensation for up to three years. Mr. Orban’s Fidesz party promoted the measure as good for workers, saying it would let “those who want to work more earn more.”Lunacy. Simply allow the labor shortage to persist long enough to bring up wages to a level which will attract workers instead. Ultimately, the law could only work were there not a labor shortage; such conditions would likely be tolerated in such a situation -- but no law would be necessary then.
Because revenues jumped like this – no matter that this caused Zillow’s losses to more than triple – shares soared 19% in evening trading on these “better than expected” revenues and the prospect that Zillow will expand its ruinous home flipping operation to many more markets and boost its losses further. Friday at about noon, some of the excitement of after-hours trading has tapered off and shares are up 8% and heading down.
The report of the NCMNPS, including a yes-or-no recommendation on whether draft registration should be continued (and if so, a separate yes-or-no recommendation on whether it should be extended to young women as well as young men) is due in March 2020. Congress will probably take up the issue in 2021, after the 2020 elections and after the government has exhausted its appeals of the court ruling that the current registration requirement for men is unconstitutional.
