...a disconnect between individuals' retirement plans and the realities of aging in the workforce, suggesting that 23 percent of workers, including nearly two in ten of those over 50, don't expect to stop working...
"These facts are in sharp contrast to strong job growth narrative... But then again, maybe the yield-curve is already telling the answer to these questions..."
Amazon is grooming its vast workforce for the automation job apocalypse that the e-commerce giant, via its Amazon robotics division, is helping to make a reality.
The report discovered the most common low-paying jobs were cooking, prepping, and serving food. On a geographical basis, the lowest paying jobs were situated in the Rust Belt, Deep South, and Midwest.
[The $15 option] would boost workers’ earnings through higher wages, (offset by higher rates of joblessness), reduce business income and raise prices; and reduce the nation’s output slightly...
Said another way, employment as measured by the Household Survey has actually declined this year by almost 200,000, while twice as many who were earlier unemployed have apparently given up looking for jobs...
67 percent of Chinese companies are expecting a reduction in the number of employees due to automation, along with 60 percent in Poland and 57 percent in Japan...
June saw a surge in full-time jobs, as total US employment hit a record high of 157 million workers, however virtually all of this increase was due to workers being forced to get a second (or third, or fourth) job.
