Economy: How many workers earn minimum wage?
According to the U.S. Bureau of Labor Statistics, not so many – which is a surprise: Age. Minimum wage workers tend to be young. Although workers under age 25 represented…
Business: The end of remote work may be near?
Wow – remote work didn’t last long: Over 50% of CEOs say they’re considering cutting jobs over the next 6 months — and remote workers may be the first to…
Business: AirBnb rentals have become intolerable to many customers
“They also expect you to clean dishes, throw the garbage, do laundry. Should I also cook 3 course meal before I leave?” one person tweeted in response. Another user wrote:…
Demographics: Why “Boomers” and “Millennials” view immigration differently
This post was originally written two weeks ago. I have updated with new information and charts that help explain why “Millennials” (per polls) are more supportive of immigration than are…
Education: Average pay by education level
This is an average for everyone in each category. This should NOT be read as saying you’ll make $80,000 per year right after graduating from college – instead, this is…
Business: Kroger’s acquisition of Albertsons/Safeway will not result in lower prices
It might result in higher profits, but not lower prices for consumers. Their goal is to turn grocery shopping into a surveillance service to better target you with advertising: One…
Demographics, Education: Premium pay for Masters degrees falls
Salaries for Master’s Degrees: Income Gap Narrows With Raises for Bachelor’s – Bloomberg From population demographics, the cohort of young new workers in their 20s is now becoming smaller than…
Automation: “Banks turn to automation”
It is about becoming more efficient, less labor intensive: Large banks including Truist, JPMorgan Chase and Wells Fargo emphasized that they’re increasingly looking at automation beyond the context of specific…
Follow up: 2015 forecast for VR virtual reality market to hit $150 Billion by 2020
2015 Forecast: Augmented And Virtual Reality To Hit $150 Billion, Disrupting Mobile By 2020 | TechCrunch 2022 Forecast: Virtual and Augmented Reality Market Size 2022 By Trends (globenewswire.com) That’s $24.7…
Robotics: Robotics packaging systems can now work safely, side-by-side, with humans
These safety features open new opportunities to deploy robotic automation systems, side by side with human workers, so each can do what they do best: “The introduction of cobots with…