Amazon's European workers are boycotting the company ahead of Amazon's global "Prime Day" to highlight the poor conditions that fulfillment-center staff have endured for years.
A new, startling report from the Organisation for Economic Co-operation and Development (OECD) warns that positive employment trends are at risk of being derailed by “unprecedented wage stagnation” affecting low-paid workers.
"...government jobs with the military constitute a form of taxpayer-funded subsidy for immigrants. And secondly, the US military acts as a job program, not just for immigrants but for many native-born Americans..."
It seems as both retailers [Walmart and Amazon] are progressing towards the Orwellian era of mass surveillance in the form of microchipping their workforce to improve labor efficiency...
"UBI isn’t an especially new idea; even Thomas Paine was an advocate. The idea gained traction and elicited debate in late 1960s (especially during the Nixon administration), but never really gained a foothold..."
This report ranks the companies by Revenue Per Employee (RPE) to explore how efficiently the companies utilize human capital. Energy and Healthcare are high on the list, while Industrials and Consumer Discretionaries perform the worst.
Ahead of today's payrolls report, there was some confusion: will Trump tweet about it (like he did last month), or won't he, and if not, is it because the number will be a disappointment? Moments ago we go the official answer.
The BLS will publish the June jobs report at 830am ET on Friday, just hours after Trump declares trade war on China. Here's what to look for in tomorrow's report.
Japanese cash wages soared by 2.1% y/y in May, up from 0.6% in April and more than double the median estimate of 0.9%, matching the fastest increase since 1994. And yet, at the same time, household spending tumbled at the fast pace in 2 years...