Items tagged with employment:

News & Updates:

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  Amidst entrenched polarization, Trump announces that he is willing to use emergency power to fund board wall
  President Trump announces intent to fund border wall via emergency powers if necessary; Trump announces to combat surprise medical bills through legislation; National Labor Relations Board announces new rule making that would qualify fewer employees for federally mandated labor protections; National Activity Index rising.
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  How the U.S. Labor Market Will Change in 2019
  In a discussion on imminent challenges that face employers in 2019, Wharton Professor Peter Cappelli highlights the need for organizations to update workplace sexual harassment policies based on the various state legislations mandating different requirements. 
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  10,400 Verizon workers quit their jobs. That’s a good sign for the economy
  As over 10,400 Verizon employees accept buy out deals, Wharton Professor Peter Cappelli notes how the tightening labor market and relatively low unemployment rate encourage those offered such deals to take the money with the confident that they will find new jobs thereafter. This move comes as a corporate effort to help build 5G technology and infrastructure in the states. 
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  Next Time on The Apprentice: The Manufacturing Industry

  This article explains some of the challenges facing manufacturing companies and attempts to show how an increase in apprenticeships may be a viable solution.

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  The Gap in Retirement Plans in the U.S.
  As employers have increasingly transitioned away from defined benefit pension plans to 401(k) contribution plans, responsibility for savings rates, investment risk, and annuity have consequently shifted to the employee. Wage stagnation limits an employee’s ability to save for retirement, and persistently low interest rate returns on stocks and bonds limit the investment gains on the money that can be saved. As a result, nearly half of all American families have no money saved for retirement, and, those who do have plans, face disparities based on factors such as income, race, and ethnicity.[1] The transition away from traditional pensions to defined benefit plans, coupled with wage stagnation and persistently low interest, have created new retirement savings challenges which, if not addressed, will have profound implications for long term American financial security.