United Auto Workers' Jobs Bank program

This Wall Street Journal article describes the UAW Jobs Bank program, under which American auto manufacturers pay some 15,000 unneeded employees wages and benefits which can exceed $100,000 a year, with a total cost of over $1.4 billion per year. GM has the most workers in the program--between this and the pensions, it's no wonder GM is not competitive.

While many of the workers in the program do community service or participate in educational programs, some of the latter seem rather dubious (studying crossword puzzles?). Other employees spend their time in the "rubber room" engaging in creative loafing.

(Via The Agitator.)