jobless – Impact Lab

Analysis, Artificial Intelligence, Big Problems, Business, Employment

Which 5 jobs will robots take first?

February 27, 2017

In 2012, Futurist Thomas Frey predicted that 2 billion jobs would disappear by 2030, roughly half of all jobs that exist today. Oxford University researchers reinforced this with their estimates that 47 percent of U.S. jobs could be automated within the next two decades. But which ones will robots take first?

First, we should define “robots” as technologies, such as machine learning algorithms running on purpose-built computer platforms, that have been trained to perform tasks that currently require humans to perform.

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Analysis, Artificial Intelligence, Business, Future, Robots, Science & Technology News

Can the rapid advances in technology create a jobless future?

June 16, 2015

“We are interested in robots that create and are creative,” Hod Lipson describes his Creative Machines Lab captures his ambitions. Lipson is an engineering professor at Cornell University. He is one of the world’s leading experts on artificial intelligence and robotics. His research projects provide a peek into the intriguing possibilities of machines and automation, from robots that “evolve” to ones that assemble themselves out of basic building blocks. A few years ago, Lipson demonstrated an algorithm that explained experimental data by formulating new scientific laws, which were consistent with ones known to be true. He had automated scientific discovery.

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Analysis, Business, Latest Trend

The average American thinks the unemployment rate is 32 percent

November 28, 2014

The unemployment rate was at its lowest level in six years, 5.8 percent, according to the latest jobs report. But Americans aren’t convinced that things are nearly that good.

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Analysis, Business, Human Behavior, Latest News

When unemployment rises among men, domestic violence falls

August 8, 2013

Gender-based jobless rates change household dynamics.

The European Union’s unemployment rate fell in June for the first time in more than two years — that is, until you consider that 10.9 percent of the union’s workforce is still jobless, and that number for countries that use the euro is 12.1 percent.

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Analysis, Business, Historical Perspectives, Latest Trend, Science & Technology News

The Threat of a Jobless World

July 27, 2012

Futurist Thomas Frey: People are seriously worried. I’ve been in a number of conversations recently where people are very worried about our coming era of automation where fewer and fewer jobs will be left for people to do.

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Analysis, Business, Economy, Education, Latest Trend

1 in 2 recent graduates are jobless or underemployed

April 23, 2012

Graduates with bachelor’s degrees are increasingly scraping by in lower-wage jobs.

The 2012 graduating classes in U.S. colleges are in for a rude awakening to the world of work.

The weak labor market has left half of young college graduates either jobless or underemployed in positions that don’t fully use their skills and knowledge.

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Analysis, Great Videos, Latest Trend, Robots, Science & Technology News

Post-Employment Era: Humans need not apply

January 3, 2012

Perhaps comedian Steven Wright said it best:

“I lost my job the other day. Well, I didn’t really lose it. I know where it’s at, it’s just when I go there someone else is doing it.”

They say that the truest comedy is the funniest, and there is nothing truer than the statement above. Steven’s old job didn’t go anywhere… his employer just found someone more qualified, more efficient, or less costly to do it. In today’s economy where layoffs and a bleak job market are the norm, the joke has lost a great deal of it’s humor. But a good look at the data proves Steven’s point — all those jobs are still there, it’s just that employers are finding more qualified, more efficient, and more cost-effective help.

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Analysis, Economy, Human Behavior, Science & Technology News

For the unemployed, more sleep and tv but also more unpaid work

August 31, 2011

About 35 percent of time is spent doing unpaid but nonetheless important work, like child-care and housework.

At a time of record-level long-term unemployment the question everyone asks, even the jobless themselves, is what do the unemployed do all day?

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Analysis, Big Problems, Economy, government, Money Talk

Extended unemployment benefits are set to expire in 2012, will this be the next big hit to the economy?

July 11, 2011

The total impact of the extended unemployment benefits on the economy is huge, because so many Americans are currently taking advantage of them.

The economic recovery could be headed for a major hit that will leave it even weaker as extended unemployment benefits are set to expire in 2012.

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Economy, government, Latest Trend

Nationwide crackdown unemployment insurance fraud

July 4, 2011

The poor economy lingers and the jobless rate remaining high.

States will start a nationwide crackdown for people fraudulently drawing unemployment payments. $17 billion in were dswindle last year alone from those who were never eligible and workers who keep getting checks after they return to work, say federal officials.

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Analysis, Big Problems, Economy

Europe’s ‘black economy’

July 2, 2011

Hundreds of thousands of people in Spain claim unemployment benefit when they actually have some kind of work.

In the Via Barsanti in the town of PratoShi, Italy, Songbin’s existence came to light one morning only when stunned residents found his body outside an underground parking garage surrounded by drab apartment blocks.

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Analysis, Business, Economy, Latest Trend, Money Talk

CEO Pay Jumps 27% While Workers’ Pay Stalls

April 2, 2011

The highest paid of the CEOs was Philippe Dauman, CEO of Viacom.

CEOs didn’t have to cry poor for long. The heads of the nation’s top companies got the biggest raises in recent memory last year after taking a hiatus during the recession.

Continue reading… “CEO Pay Jumps 27% While Workers’ Pay Stalls”