Demographics, International: Indians taking on many leadership roles in U.S. businesses
India has 5 times more people in the critical 20-29 age bracket. Stated another way, the top 20% of the young Indian cohort is the same size as that entire…
Business, Economy: Government benefits programs exceed median income in several states
In 14 states, unemployment benefits and ACA subsidies for a family of four with two people not working amounts to an annualized equivalent of $80,000 a year in wages and…
Business: “Tipping” at businesses is out of control
At some businesses visited in the past 3 months, a 25% tip was implied as standard. This is getting out of hand. But tipping service workers was essentially built into…
Demographics: “The labor shortage could last for years”
Correct: The world is aging faster and allowing less immigration. It all adds up to a shrinking workforce population, Indeed and Glassdoor say. Source: The labor shortage could last for…
Crime, Fraud: “The GRE is no longer useful in evaluating students for graduate school”
The Graduate Record Exam or GRE is a standardized exam produced by the Educational Testing Service (ETS) organization, to judge one’s suitability to attend graduate school – except it turned…
Business: “thaw and eat” foods
Does anyone still cook real food, from raw ingredients?
Demographics, Education: “Employers rethink need for college degrees”
Companies such as Walmart and Delta Air Lines and Maryland’s state government have reduced requirements for some positions and shifted their focus to skills. Source: Employers Rethink Need for College…
Demographics: Automation is developed in response to aging workforce
Bingo You might think robots and other forms of workplace automation gain traction due to intrinsic advances in technology — that innovations naturally find their way into the economy. But…
Demographics: Is there any field that doesn’t have a labor shortage?
The staffing shortages extend beyond physicians and nurses, and include technicians, respiratory therapists and other hard-to-fill jobs, Klibanski said. Source: Hospitals hitting capacity from RSV, flu, covid and staffing shortages…
You have not been in tech long enough: “I’ve been a licensed psychotherapist in Silicon Valley for the past decade, and I’ve never witnessed such an atmosphere of panic and insecurity amid the massive tech layoffs”
Annie Wright, who runs boutique trauma therapy center in the Bay Area, talks about what she’s seeing amid the massive tech layoffs. Source: I’ve been a licensed psychotherapist in Silicon…
Finance: How did FTX happen?
And that’s where the danger comes in. Because it’s not just hypocritical to act like capitalist accumulation is altruism. It’s also a great way for people like Bankman-Field to avoid…
Education: Best and worst college degrees?
Graduates entering the workforce with good career prospects and high starting salaries are the most satisfied with their major, according to ZipRecruiter. Source: The top 10 most-regretted college majors
Demographics: Economist Nouriel Roubini “thinks the world’s failure to have enough children will end ‘centuries of social progress’”
Advanced economies have a problem: Many workers are approaching advanced and retirement age, especially in Japan and Europe but also in the U.S. Source: Nouriel Roubini has ‘no beef with…
Demographics: Universities are slowly noticing the fertility rate issues. Kind of.
Most higher ed leaders are all too aware that some of the shifts—such as a decline in students entering college right after high school—are already underway and hitting hardest in…
Tech: Not good for repeat sales, though – “Oculus founder claims he made a VR headset that actually kills you”
The founder of virtual reality (VR) firm Oculus claims he has designed a new headset that can kill you in real life if you die in a game. Source: Oculus…