Millions of Jobs To Disappear by 2020

The World Economic Forum (2016) warned that “the Fourth Industrial Revolution, which includes developments in previously disjointed fields such as artificial intelligence and machine-learning, robotics, nanotechnology, 3-D printing, and genetics and biotechnology, will cause widespread disruption not only to business models but also to labor markets over the next five … Continue reading

Low Paying Jobs

Extensive study (in English, .pdf file) by the Federal Reserve Bank of Dallas, TX describing the loss over the last 20 years of middle-skill jobs in the U.S. labor market, a “barbell economy.”

Job Losses Up 218% in January 2016

February 4, 2016 Challenger, Gray and Christmas, an outplacement firm, released its job cuts report for January. Layoffs increased by 218%, the highest since last summer, mostly due to a loss of 16,000 jobs at Wal-Mart, America’s biggest non-government employer, and 4,800 at Macy’s. The low-wage retail sector suffered cuts … Continue reading

Solar Power Economics

October 24, 2014 Here’s an example –albeit of limited scope- of how solar power could be used to reduce unemployment. An Arizona-based private company will build a 60-megawatt solar power plant on 600 acres of dry, vacant land near Mendota, California, a drought-stricken community with near 30% unemployment about 25 … Continue reading

Worldwide Jobs Crisis 2014-2030

In a report prepared for the G20 Labor and Employment Ministerial Meeting Melbourne, Australia, 10-11 September 2014, the World Bank warns the world faces a jobs crisis. 600 million jobs will need to be created worldwide by 2030 to cope with the expanding population. The report makes it clear that … Continue reading

WordPress theme: Kippis 1.15
Translate »