Congress should enact a federal jobs guarantee. If the private sector doesn’t have the capacity to hire, the federal government can step in and provide jobs to help stimulate the economy and keep people alive. Source: Opinion | Congress: Enact a Federal Job Guarantee – The New York Times Continue reading Opinion | Congress: Enact a Federal Job Guarantee – The New York Times
Unemployment is low and the economy is growing at a healthy pace, but about three-quarters of Americans have financial problems, according to a survey released Thursday by USC and the nonprofit Center … Continue reading Most Americans aren’t financially healthy despite booming economy, survey finds
The economy’s booming. Some states have raised minimum wages. But even with recent wage growth for the lowest-paid workers, there is still nowhere in the country where someone working a full-time minimum wage job could afford to rent a modest two-bedroom apartment, according to an annual report released Wednesday by the National Low … Continue reading A minimum-wage worker can’t afford a 2-bedroom apartment anywhere in the U.S.
America’s self-reliance obsession makes it more acceptable to applaud working yourself to death than to argue that doing so points to a flawed economic system. So true. Source: The Gig Economy Celebrates … Continue reading The Gig Economy Celebrates Working Yourself to Death
The largest two categories of America’s fastest-growing jobs offer some of the country’s lowest wages and weakest benefits. Over the next 10 years, analysts expect to see 1.2 million more jobs for home health aides and personal care aides, according to a report from the Bureau of Labor Statistics The problem is … Continue reading The fastest-growing jobs in America pay about $22,000 a year
A full-time job is increasingly rare. This is not healthy for people’s financial, as well as overall well-being. Source: Almost all the 10 million jobs created since 2005 are temporary — Quartz Continue reading Almost all the 10 million US jobs created since 2005 are temporary
The robot factory Adidas built in Germany is now fully functional and ready to start making the first Speedfactory shoe that will be sold to the public. Adidas has revealed that it … Continue reading Adidas will finally start selling shoes made by its robot factory
We do it for farms. Why not for factories? Interesting article, and I makes sense. We’re subsidizing one of China’s biggest manufacturers that’s building a plant in the United States, why not … Continue reading Should We Subsidize Manufacturing? | New Yorker
In good times, robots are seen as heroes. In bad times, they’re the villains. They’re neither. Robots are as good or bad as our public policies allow. Government policy is killing the … Continue reading No, Robots Aren’t Killing the American Dream
Interesting point about a Job Guarantee and how it is used to set the value of the dollar. The speaker is Pavlina R. Tcherneva, Ph.D., Associate Professor and Chair at the Department of … Continue reading A Job Guarantee Would Set The Price Of The Dollar
IBACH – “Our company has never been as hard-hit as it was by the Sept. 11, 2001, terror attacks in New York and Washington,” the 55-year-old Elsener says. Almost overnight, after sharp … Continue reading Swiss Army Knife maker Victorinox, lost 40% of business post 9/11 and fired no one
According to the South China Morning Post, Foxconn, manufacturer of Apple’s iPhone among other electronic equipment, has replaced nearly 60,000 of its factory workers with robots in a bid to cut costs. … Continue reading Apple’s iPhone manufacturer has replaced over half its workers in one factory with robots
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