The U.S. economy continued a strong summer, adding 209,000 jobs in July while the unemployment rate fell to 4.3 percent, the lowest since March 2001, according to a government report Friday. Economists surveyed by Reuters had expected the report to show growth of 183,000; the unemployment rate met expectations. A more encompassing rate that…
Meet Tally: The Grocery Stocking Robot About to Eradicate 1,000’s of Minimum Wage Jobs…
Grocers have a choice: (i) adapt to the technological revolution that is about to transform their industry or (ii) face the same slow death that ultimately claimed the life of Blockbuster. As such, as the the St. Louis Post-Dispatch points out today, the relatively small Midwest grocery store chain of Schnucks has decided to roll […]
Tech May Replace Half of All Low-Skilled Jobs in the U.S….
Ball State University sits in Muncie, Indiana, at the heart the “Rust Belt,” so educators there have the right to be pessimistic about the drift of the U.S. economy. But a report by the school’s Center for Business and Economic Research goes even further. “We found a toxic brew,” said CBER Director Michael Hicks. “Automation […]
Nearly 740k Foreigners Overstayed Their Visas Last Year…
The U.S. Homeland Security Department says nearly 740,000 foreigners who were supposed to leave the country during a recent 12-month period overstayed their visas. The count released Monday includes people who arrived in the U.S. by plane or boat but does not include ground border crossings. Countries with the highest visa overstays during the period […]
Ford to Reportedly Slash Global Workforce by 10 Percent…
Ford Motor Company is reportedly planning to cut about 10 percent of its global workforce in order to help increase its stock price, sources told The Wall Street Journal. The paper reported on Monday that the company is expected to outline its plan as early as this week. The move is reportedly part of the […]
ADP Is Reporting a Whopping 263k Jobs in Goods, Construction and Manufacturing Jobs…
After last month’s private payrolls scorcher, when ADP reported that a whopping 298K jobs were added, the biggest increase in 6 years on a record surge in good producing jobs, this morning ago the momentum continued when ADP reported that in March the US generated 263,000 jobs, smashing expectations of a 185,000 gain, and after […]
Robots Could Replace One Million Jobs over Next 15 Years…
Millions of jobs in the UK are in jeopardy because of robots taking over various sectors of the labor market. According to the latest report on the impact of automation on the UK’s labor force, up to 10 million jobs are at risk of being replaced by machines within 15 years. Routine and/or manual jobs, […]
For Every Living-Wage Job, There Are Seven People Looking for Work…
Living-wage jobs are scarce in the United States. The People’s Action Institute (PAI), a national organization with the goal of achieving economic, racial, gender and climate justice, just released a study that reinforces the profound need for jobs that pay a wage people can live on. A PAI news release states…
How to Close a Gender Gap: Let Employees Control Their Schedules…
The main reason for the gender gaps at work — why women are paid less, why they’re less likely to reach the top levels of companies, and why they’re more likely to stop working after having children — is employers’ expectation that people spend long hours at their desks, research has shown. It’s especially difficult […]
The Obama ‘Recovery’: Number Of Millennials Living At Home With Mom Reaches 75-Year High…
Millennials finally get to claim a trophy for an achievement they actually earned (no participation medals here)…that’s right, Millennials have officially set a 75-year record for highest percentage of young adults living at home with mom…
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