Tag: employment
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Number of Job “Wanters” is About 14 Million (Not The President’s 94 Million)
Last night, the president said there are 94 million people "out of the labor force" needing a job. No. The number of people wanting a job is about 14 million people. Let us do the math: US Population = 330 million Population age 16 and older = 254 million (non-institutionalized) Adult population in the labor…
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Employment is the Issue, Not the Minimum Wage
There is a lot of talk about raising the minimum wage to $10.10. I sense many advocates believe this will lift countless millions out of poverty. Is that true, and is the minimum wage a central factor in reducing poverty? I'm not advocating for or against the minimum wage. The Congressional Budget Office did a…
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Jobs growth in poor countries by income group
Economist: Jobs growth in poor countries by income group … In the chart, left of zero mean fewer jobs in those income groups, while right of zero mean more jobs. So in sub-Saharan Africa and South Asia, the share of jobs for the poorest workers will contract while jobs for people with more income will…
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Manufacturing Jobs and the Rise of the Machines
Harvard Business Review Blog: Manufacturing Jobs and the Rise of the Machines Andrew McAfee explains that the resurgence in American manufacturing doesn't mean creating new jobs. Due to automation, there is a global decline in manufacturing jobs, even as manufacturing grows. He ends with this: … Even if total manufacturing employment goes down because of…
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Only one of the top 9 occupations expected to create the most jobs this decade (nursing) requires a 4-year college degree
Carpe Diem: Only one of the top 9 occupations expected to create the most jobs this decade (nursing) requires a 4-year college degree The chart above shows the 30 occupations that are expected to experience the largest job growth between 2010 and 2020, according to employment forecasts from the BLS. Between 2010 and 2020, the…
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Here Are The Most And Least Happy Careers
Business Insider: Here Are The Most And Least Happy Careers For more top 10 employment lists, go to myplan.com.
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The Consequences of Machine Intelligence
Atlantic: The Consequences of Machine Intelligence Moshe Vardi If machines are capable of doing almost any work humans can do, what will humans do? … Bill Joy's question deserves therefore not to be ignored: Does the future need us? By this I mean to ask, if machines are capable of doing almost any work humans…
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The Plight of Young, Black Men Is Worse Than You Think
BusinessWeek: The Plight of Young, Black Men Is Worse Than You Think The U.S. has the highest incarceration rate of any wealthy nation, with about 2.3 million people behind bars at any given moment. (That’s 730 out of 100,000, vs. just 154 for England and Wales.) There are more people in U.S. prisons than are…