Automation is Changing More Than JobsRead the rest of this entry »
Automation, powered by artificial intelligence, is rapidly and profoundly transforming the American economy and its society, says MIT economist David Autor.
The former is becoming more obvious everyday, as companies increase their investment in robots -- electronic as well as mechanical. The latter, though, hasn't been much noticed, and even less reported on. Autor, himself, isn't certain how the transformation will evolve, though as he said in is keynote last month ...
Accenture Spends to Retrain AI-Displaced WorkersRead the rest of this entry »
As artificial intelligence makes possible the automation of ever more complex jobs, companies are faced with deciding what to do with their displaced workers. Many are simply laying them off. Others, like Accenture, are reinvesting some of their automation savings into retraining.
Accenture, one of the world’s largest employers with 470,000 employees, will spend nearly $1 billion on training this year, with a sizable share going to retrain ...
All Employers Now Liable Under NY State's Broadened Discrimination and Harassment LawsRead the rest of this entry »
The New York States legislature last week adopted a series of changes to New York's anti-harassment and discrimination laws. Expected to be approved by the Governor, the amendments expand the protections of employees to all businesses regardless of size and removes a defense to harassment claims long relied on by employers.
An alert issued Monday by the Seyfarth Shaw law firm details the changes cautioning employers that some of the ...
Employment Trends Strong Yet Economists WorryRead the rest of this entry »
Despite a lower than expected job growth in May, reports out this month point to a U.S. economy that is still strong with increasing employment.
However, the Federal Reserve's most recent roundup of economic conditions around the country -- the so-called Beige Book -- found, "Economic ...
Your Trade Show Swag Could Be a Data GrabRead the rest of this entry »
Who doesn't love trade show swag? We've scored those balls that light up and blink when bounced and pens that write in different colors. The kids loved them.
The best was a huge houseplant some vendor was giving away because they couldn't take it on the plane with them.
The most useful stuff - besides an umbrella at a rainy show in Atlanta - has always been the flash drives. The first ...
New England Is Best Place for Working DadsRead the rest of this entry »
Just in time for Father's Day, comes a report from Wallet Hub declaring Massachusetts the best state for working fathers.
On each of the four broad categories Wallet Hub looked at – child care, health, work-life balance and economic and social well-being – the state ranked either 1,2 or 3 among the 50 states and District of Columbia.
Multiple elements were weighted in each of the categories, giving Massachusetts an overall ...
Business Support Small But Growing for Single-Payer HealthRead the rest of this entry »
While the national discussion of a single-payer health plan falls along political lines, there is a small, but growing group that sees such as system as good for business -- employers struggling to keep up with the cost of providing health insurance.
“Businesses are really angry about the system, and there is a lot of frustration with its rising costs and dysfunction,” Dan Geiger tells Kaiser Health News. Although no Fortune ...
Your Genes Make You a Dog PersonRead the rest of this entry »
We've all heard it said that some people are dog people and some are cat people.
Over the years, scientists have explained this as arising from personality differences and the influence of the pets we grew up with. Now, researchers have found there's a genetic link to dog ownership.
A study of 35,000 twin pairs has found a "strong genetic contribution to dog ownership in adulthood." Reported last ...
Employers Scrambling to Comply With New Jersey Pay LawRead the rest of this entry »
In the year since New Jersey passed one of the toughest -- if not the toughest -- equal pay laws in the nation, employers have scrambled to comply.
The New Jersey Law Journal calls the Diane B. Allen Equal Pay Act, "Unprecedented in breadth and scope in pay disparity claims." It makes it unlawful to pay members of a protected class (as defined by New Jersey, which is substantially broader than ...
How to Win In the Next RecessionRead the rest of this entry »
International consulting firm Bain & Company issued a report last week that should serve as a blueprint for leading a company through a recession, which is imminent, at least according to Beyond the Downturn: Recession Strategies to Take the Lead.
"Predicting the onset of a recession is difficult, but a downturn likely will arrive soon," the report maintains, citing the length of the current expansion, economic turmoil over ...