The fewer workers, the less growth produced.
In the United States millions of people have gone missing from the workforce. Every month that those would-be workers are gone raises the odds that they might never come back, dimming the prospects for future economic growth.
Continue reading… “The mysterious vanishing workforce in America”
Small business is an American cultural icon. Companies with fewer than 500 employees account for almost two-thirds of net new jobs and generate 13 times more new patents per employee than large ones do. But optimism among these enterprises is at its lowest levels in almost 20 years. If the US economy had generated as many start-ups in the Great Recession’s aftermath as it did in 2007, the country would have almost 2.5 million more jobs.
Continue reading… “Small business is big”
What impact will advancing technologies have on employment?
Singularity University’s Vice President of Innovation and Research, Vivek Wadhwa, has written about why he believes this will be the most innovative decade in human history and how we are headed for an era of abundant and affordable health care, and how robotics, artificial intelligence and 3D printing will lead to an era of local manufacturing in which the creative class flourishes.
Continue reading… “Ray Kurzweil talks about the future workforce”
We are seeing more and more where the mom has the anchor job in the family and the dad either doesn’t work or works in a flexible job.
After Gail McGovern’s daughter Annie was born, she and her husband established what came to be known as the “kitchen calendar rule.” McGovern worked for AT&T overseeing 10,000 employees; her husband ran a large unit of Hewlett-Packard. They both needed to travel regularly for work, but one of them also needed to be home for Annie.
According to government estimates, the over-65 set is the fastest growing segment of the working population: More than 7 million are punching the clock.
Ailika Thomas’ husband brought her coffee in bed after she woke. It was 7 p.m., and the 73-year-old was facing a long, moonlit drive from her rural Indiana home to Chicago; Dean wanted to make the journey as easy as possible for his wife. He warmed the car and stocked it with snacks while she got dressed. When Ailika emerged from the back door in a pink-and-white pants combo accompanied by her two Yorkshire terriers, Dean gave her a warm goodbye kiss and made her promise to call at journey’s end.
It’s no longer uncommon for people to work until 70.
In 1972, when Paula Symons joined the U.S. workforce, typewriters in her office clacked nonstop, people answered the telephones and the hot new technology revolutionizing communication was the fax machine.
Continue reading… “Baby boomers in America enter new era of ‘work til you drop’”
U.S. Postmaster General Patrick Donahue
U.S. Postmaster General Patrick Donahue prepares to testify at Senate hearing on the the U.S. Postal Service’s fiscal crisis on Sept. 6 Senate. The postal service’s 7,500 job cuts announced in March rank No. 5 on outplacement consultancy Challenger, Gray & Christmas’s list of 2011 announced workforce reductions.
Continue reading… “5 biggest job cuts announcements in 2011”
Job security for U.S. government workers tops those in the private sector.
Job security for federal employees is so great that workers in many agencies are more likely to die of natural causes than get laid off or fired, according to a USA Today analysis.
Continue reading… “Federal employees are more likely to die of natural causes than lose their jobs”
Reno’s economy relies on gaming and tourism, two industries which have been hit extremely hard by the recession.
December 2007 is when the Great Recession officially began and it officially ended in July 2009. But that doesn’t mean the economy has returned to where it was before the steepest downturn since the Great Depression and may not for years. Employment is not expected to return to its pre-recession peak until 2014, according to a recent report by IHS Global Insight.
Continue reading… “10 U.S. cities that will take 10 years to recover from the recession”
China’s working-age population has plateaued in size and will begin getting smaller.
The large labor force in China has been central to its rise as an economic power. It has allowed companies to tap a seemingly endless pool of workers willing to move from their home towns, often live at the factory site and accept comparatively low wages.
Continue reading… “China’s Workforce Will Start Shrinking in the Next Five Years”
Jobs are back. Just not for everybody.
Like many other things in the stutter-step economic recovery, the job market is finally recovering, but progress is uneven and some people are being left out. The latest jobs report, for example, shows that the economy created 216,000 jobs in March, for a total of about 1.9 million new jobs since employment levels bottomed out at the end of 2009. That’s a healthy pace of job growth that will help bring down the uncomfortably high unemployment rate, and, with luck, cement the recovery.
Continue reading… “Jobs Are Back Just Not For the Middle-Aged Worker”
An employee at BMW rests between shifts at the plant in Dingolfing.
Its name is a byword for providing drivers with every comfort – and now it seems BMW is taking the same approach with its workforce. A section of the luxury car manufacturer’s works at Dingolfing in Southern Bavaria has been nicknamed ‘Altstadt‘ – German for Old Town – by the grateful employees who say they might otherwise be on the job scrapheap. (Pics)
Continue reading… “BMW Opens New Car Plant Where the Workforce is All Aged Over 50”
By delving into the futuring techniques of Futurist Thomas Frey, you’ll embark on an enlightening journey.
Learn More about this exciting program.