Few have been unaffected by the rapidly increasing price of gas, which has inched its way up toward $4 a gallon in some parts of the United States. And consumers aren’t feeling those effects just in their wallets, a Florida State University professor has found. Research conducted by Wayne Hochwarter, a professor of management in FSU’s College of Business, documents that Americans’ work attitudes have been affected as the cost to fill a tank of gas has nearly doubled over the past few years. In his research, approximately 1,000 full-time employees were asked to note how gas prices have affected their disposable spending patterns. They also were asked how these changes affected their stress levels and willingness to participate at work. (Respondents, who worked in both blue- and white-collar occupations, reported paying an average of $2.83 a gallon during their previous visit to the gas station at the time they were surveyed earlier this year.) Sixty percent of employees confirmed that the price of gas has significantly reduced the amount of money they have to spend on other things, while 45 percent reported the need to pay off debts more slowly or not at all. Finally, 26 percent […]
Saturday, May 12th, 2007
Higher Gas Prices Leave Many Workers Running on Empty
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Source: Florida State University /Newswise
Publication Date: Fri 11-May-2007, 16:10 ET
Link: Higher Gas Prices Leave Many Workers Running on Empty
Source: Florida State University /Newswise
Publication Date: Fri 11-May-2007, 16:10 ET
Link: Higher Gas Prices Leave Many Workers Running on Empty
Stephan: Yet more self-inflicted collateral damage to ourselves arising from our addiction to petroleum. Imagine if the half-trillion being spent on Iraq had gone to create a new carbon-neutral non-polluting national structure, possibly much more decentralized which, in addition to its other virtues would make a us far less vulnerable to national or even regional blackouts