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November 27, 2024
Since the 1970s, working men, particularly those without college degrees, have experienced lower employment rates, increased social isolation and growing health risks. Today, we are starting to see early signs that this problem may be abating. But lately, men have started going back to work. During most recessions, the male employment rate falls and never returns…
November 22, 2024
Lessons of the post-COVID economy. When voters tell you what they are concerned about, believe them. Exit polls from the presidential election the show that the economy ranked first among voters’ concerns at 32 percent, almost three times more than the next closest issue, immigration. A plurality of voters—45 percent—said that their financial situation was worse than…
October 18, 2024
The American workforce is undergoing rapid changes driven by demographic shifts, technological advancements, and evolving skill requirements. During this time of rapid disruption, the question arises: How can our training programs and workforce development systems do a better job of supporting workers and employers to meet their skill and employment needs? The Workforce Futures Initiative (WFI)—a collaborative research effort between…
October 8, 2024
They shouldn’t be trying to block automation. They should be trying adapt to it. The International Longshoremen’s Association ended a three-day strike last Thursday after reaching a deal with a consortium of port operators for a large wage increase for the the 47,000 dockworkers, phased in over the next few years. The deal gives both…
October 8, 2024
Tech sector layoffs have grabbed a lot of headlines over the past two years since the Federal Reserve ended its zero interest rate policy that enabled vast investment in research, development, and high-tech start-ups and as artificial intelligence (AI) has begun to reshape a growing number of sectors. A recent article from the Wall Street Journal highlights a harsh…
October 3, 2024
One of America’s great success stories has been the gradual opening of opportunities for women in nearly every field, from athletics to higher education. Nowhere has the change been more profound than in the workplace. In 1970, just over 15 percent of all management jobs were held by women. According to McKinsey, that figure has now risen…
August 20, 2024
Today, The Verge profiled a new Tesla project aimed at training robots for routine materials movement. The company is hiring workers between 5’7” and 5’11” to move 30-pound packages while wearing sensor arrays and virtual reality goggles. These workers will provide the motion capture data to train Tesla’s Optimus robots, which will eventually begin taking over this…
June 11, 2024
Key Points Executive Summary In an era marked by a decline in social capital across American institutions, the workplace has become a crucial arena for fostering social connections. Through their careers, Americans not only satisfy their economic needs but also find personal fulfillment, build social networks, and seek—and often discover—a sense of meaning and purpose…
April 11, 2024
‘Lifelong learning’ is not just a buzzword. It’s a necessity as artificial intelligence changes the workplace As artificial intelligence advances, the landscape of work may be undergoing a seismic shift. The economic potential of this emerging technology is staggering; many predict that it will be a transformative force on par with innovations like the steam engine, electricity or the transistor. To paraphrase Bette Davis in “All About Eve,” “Fasten…
April 3, 2024
Executive Summary In this report, we analyze 41 interviews of participants in an earlier quantitative survey of worker attitudes. These interviews were targeted to survey participants age 22–29 to better understand the priorities and concerns of younger workers. Our findings underscore the paramount importance of flexibility and purpose in work. Our analysis suggests the definition…