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Keyword: workforce

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  • We Must Grow Our Aerospace Workforce: The aerospace industry desperately needs young talent

    03/02/2024 9:04:29 PM PST · by SeekAndFind · 55 replies
    Real Clear Wire ^ | 03/02/2024 | Felix Aviles
    The aerospace industry desperately needs young talent if we expect it to grow, innovate, and continue providing the services we need and expect in the modern era. The jobs are plentiful, but the skilled workers are not. The leaders of the industry must do a better job of communicating with the next generation of aviation pilots, machinists, and mechanics. If they don’t, the future of aerospace is in jeopardy.A recently released industry report a detailed that “the aircraft mechanic shortage has reached a critical point" and the outlook for growth is precarious. This is detrimental not only to commercial aviation,...
  • More than half of job postings don’t have education requirements: Indeed

    02/27/2024 11:45:58 AM PST · by ChicagoConservative27 · 20 replies
    The Hill ^ | 02/27/2024 | LEXI LONAS
    New research released by Indeed, a popular job posting platform, shows that the number of postings requiring college degrees — or any education requirement at all — is dwindling. Indeed found 52 percent of postings on its site had no formal education requirement as of January 2024, up 4 percent from 2019. The number of postings requiring four-year degrees went from 20.4 percent to 17.8 percent in the past five years. “Employers are loosening their formal education requirements as the labor market remains tight and attitudes towards skills-first hiring practices change. Those same employers seem more willing to consider candidates...
  • Nearly Half of US College Graduates Working High-School Level Jobs, Survey Finds

    02/25/2024 3:29:52 PM PST · by george76 · 88 replies
    Epoch Times ^ | 2/24/2024 | Patricia Tolson
    Seventy-three percent of college graduates who enter the labor market underemployed stay that way for 10 years... almost half of America’s college graduates are working at high-school-level jobs. The study, published Feb. 22, also found that 52 percent of college graduates are underemployed a year after graduation. ... employers are increasingly turning to factors other than college degrees to determine competency. ... 52 percent of college graduates are underemployed a year after graduation. Even 10 years after graduation, 45 percent of college graduates remain underemployed. Graduates who enter the labor market with a college-level job are said to “rarely slide...
  • 'Wolf of Wall Street' says college a 'complete waste of time' for most students: 'Avoid it like the plague'

    02/21/2024 12:35:22 PM PST · by george76 · 35 replies
    Fox News ^ | February 20, 2024 | Kristine Parks
    New analysis finds 1 in 4 students in college programs earn less than high school graduates, ten years after enrollment ... Famed former Wall Street broker Jordan Belfort commented on the diminishing value of a college education, after a new report found some college students learned less than high school graduates a decade after their enrollment. College is a "complete waste of time" for most students, ... "If you want to be a professional, a doctor, a lawyer, an accountant or something that really requires a degree then yes, you should go to college ... "But all of these other...
  • Snap to Lay off 10% of Global Workforce to ‘Promote In-Person Collaboration’

    02/05/2024 8:53:13 AM PST · by ChicagoConservative27 · 17 replies
    Breitbart ^ | 02/05/2024 | Alana Mastrangelo
    Snap, the maker of the social media platform Snapchat, says it will lay off 10 percent of its global workforce, around 500 employees, to “promote in-person collaboration.” The social media company, which laid off 20 percent of its staff in 2022 and a small number of product employees in November, made its announcement on Monday, amid its shares falling around one percent in morning trading, according to a report by CNBC. “We are reorganizing our team to reduce hierarchy and promote in-person collaboration,” a Snap spokesperson told CNBC. “We are focused on supporting our departing team members.”
  • House Republicans Agree To Help Democrats Grow The Welfare State And Shrink The Workforce

    01/26/2024 6:58:17 PM PST · by SeekAndFind · 14 replies
    The Federalist ^ | 01/26/2024 | Christopher Jacobs
    In the debt ceiling agreement last spring, House Republicans passed legislation making modest changes to work requirements for certain government programs. Less than 12 months later, another congressional agreement could effectively undo that progress.Congressional leaders recently announced an agreement on a tax package, the rumors of which had been circulating for several weeks. The House Ways and Means Committee passed the agreement shortly thereafter. In so doing, committee members took another step toward expanding the welfare state, one that will lead to more low-income families on the government rolls than in work.Child Subsidy ChangesAs previously noted, the tax agreement made...
  • Aircraft carrier industrial base facing inflation, material shortfalls, workforce issues: Survey

    01/22/2024 10:10:46 AM PST · by Fish Speaker · 53 replies
    Breaking Defense ^ | January 18, 2024 at 2:42 PM | Justin Katz
    WASHINGTON — A new survey conducted by a coalition of suppliers for US Navy aircraft carriers reports most vendors are facing increased challenges with inflation, material availability and workforce management. The Aircraft Carrier Industrial Base Coalition survey [PDF], conducted in early November 2023 and published this week, received 150 voluntary responses. ACIBC is a trade association representing about 2,000 vendors across the country who make up the supply chain shipbuilder and prime contractor HII relies on to construct aircraft carriers at its Newport News Shipbuilding shipyard in Virginia. Lisa Papini, ACIBC’s chairwoman, told Breaking Defense the results from the survey...
  • Discord Initiates Major Workforce Reduction, Lays Off 17% of Employees

    01/12/2024 10:28:50 AM PST · by ChicagoConservative27 · 14 replies
    Breitbart ^ | 01/12/2024 | Lucas Nolan
    Discord, the popular messaging and video calling platform, has announced a significant reduction in its workforce, laying off 17 percent of its staff in a strategic move to streamline operations. The Verge reports Discord has joined the ranks of a number of other tech firms in 2024, laying off a significant amount of its workforce. The company recently announced it plans to lay off 17 percent of its workforce, which is equivalent to around 170 employees.
  • Hasbro Eliminating Close to 20 Percent of Workforce as Biden Economy Hammers Toy Sales

    12/12/2023 8:42:17 AM PST · by ChicagoConservative27 · 56 replies
    Breitbart ^ | 12/12/2023 | DAVID NG
    Christmas is supposed to be the most wonderful time of year for toy manufacturers. But in Joe Biden’s economy, toy sales are suffering thanks to runaway inflation and other pressures, forcing one of the world’s largest toymakers to deliver lumps of coal to employees just ahead of December 25. Hasbro said this week that it is eliminating a whopping 1,100 jobs, or close to 20 percent of its workforce. The stunning announcement is on top of the 800 jobs the company slashed earlier this year. CEO Chris Cocks delivered the bad news in an employee memo filed with the SEC....
  • Geico to lay off 6 percent of workforce nationwide, internal letter confirms

    10/20/2023 6:59:59 PM PDT · by ChicagoConservative27 · 58 replies
    The Hill ^ | 10/20/2023 | ADAM GORSKI
    BUFFALO, N.Y. (WIVB) – Geico is cutting its total workforce by 6%, laying off roughly 2,000 of its employees as of Thursday, according to a letter from the auto insurance company’s CEO. “This very difficult decision was not taken lightly. We recognize we’re saying goodbye to beloved colleagues and friends, and as a leadership team we are committed to supporting those affected in the days ahead,” CEO Todd Combs wrote in the letter, which was obtained by Nexstar’s WIVB.
  • Labor Day: Joe Biden Looks to Add Half a Million Foreigners to Workforce as 44M Americans Remain on Sidelines

    09/04/2023 1:22:09 PM PDT · by ChicagoConservative27 · 15 replies
    Breitbart ^ | 09/04/2023 | John Binder
    President Joe Biden is projected to hugely boost the foreign-born workforce in the United States, adding about half a million to fill American jobs while tens of millions of Americans remain out of the labor market entirely. Analysis from Goldman Sachs economists projects Biden’s ramping up the nation’s legal immigration system — which brings more than a million foreign nationals to the United States on green cards annually in addition to another million on temporary work visas — will add about 500,000 foreign workers to the workforce by mid-June of next year.
  • AI will destroy more female jobs than male, study finds

    08/29/2023 3:55:44 PM PDT · by Olog-hai · 46 replies
    EU Observer ^ | 29 Aug 2023, 10:04 | Paula Soler
    The latest wave of generative AI is more likely to augment jobs than destroy them, according to a new study by the International Labor Organization (ILO). Most jobs will only be partially exposed to the automation generated by technologies such as ChatGPT, so it is more likely that they will be complemented by automation — rather than replaced entirely. The impact of these technologies will be greater on the quality rather than on the quantity of jobs, according to the global study. In addition, the effects will be uneven by gender, job category and country income-level. “Any form of technological...
  • Visualizing The American Workforce As 100 People

    05/20/2023 8:54:54 PM PDT · by SeekAndFind · 18 replies
    Nation and State ^ | 05/20/2023 | Tyler Durden
    In 2022, the U.S. population stood at 333 million. Of that, roughly 60% were employed in various jobs, positions, and sectors in the U.S. economy.But where did all these people work? What jobs did they do and what positions did they hold? Where do most Americans do their nine-to-five?Using data from the National Occupational Employment and Wage Estimates (2022) put out by the U.S. Bureau of Labor Statistics (BLS), Visual Capitalist's Pallavi Rao reimagines the employed American workforce as only 100 people, to find out answers.Interestingly, the data contains a mix of information demarcations. Some are job-specific (type of work),...
  • 3M laying off 10 percent of workforce amid slowing demand

    04/25/2023 9:03:43 AM PDT · by ChicagoConservative27 · 16 replies
    The Hill ^ | 04/25/2023 | KARL EVERS-HILLSTROM
    American manufacturing giant 3M will cut 6,000 jobs to reduce costs as global demand for goods slows, the company said Tuesday. The layoffs are in addition to the 2,500 job cuts 3M announced earlier this year. The Minnesota-based company plans to reduce its workforce by around 10 percent. 3M CEO Mike Roman said on an earnings call that the layoffs “will span all functions, businesses and geographies.” The layoffs will reduce costs by up to $900 million annually. 3M, which manufactures a wide range of products including N95 respirators and Post-it notes, pointed to “significant weakness in consumer electronics and...
  • About 100k nurses left workforce amid COVID-19 burnout, stress: survey

    04/14/2023 8:30:35 AM PDT · by ChicagoConservative27 · 46 replies
    The Hill ^ | 04-14-2023 | Nick Robertson
    About 100,000 nurses quit due to stress and burnout during the COVID-19 pandemic and and another 800,000 said they intend to leave by 2027, according to a new survey from the National Council of State Boards of Nursing. There are about 6.2 million registered nurses total in the U.S. according to the survey. One in five of those surveyed said they plan to leave the industry or retire in the next five years, it found. Nurses who are older and more experienced are more likely to envision themselves leaving the industry soon, the survey found. More than 600,000 nurses with...
  • Report: Biden Seeks To Make It Easier To Boot Conservatives From Federal Workforce

    04/04/2023 10:48:15 AM PDT · by Conservativetpa · 30 replies
    The Free Press-Tampa ^ | 04/04/2023 | Liam Edgar
    As Republicans in Congress continue to reveal the incompetence and political bias of liberals on Washington’s payroll, President Joe Biden seeks to make it easier to fire conservatives among the federal workforce. In The Washington Times on Monday, conservative activist Adrian Norman noted that Biden’s Office of Personnel Management has proposed a hiring regulation that, if adopted, “will effectively authorize the government to purge individuals based on their political or religious beliefs.”
  • The US housing market is short 6.5 million homes

    03/08/2023 7:39:10 AM PST · by Diana in Wisconsin · 42 replies
    Channel 3000 News/CNN ^ | March 8, 2023 | CNN Staff
    The United States is not building enough homes to account for the number of people setting up their own households. As a result, there is a sizable shortage of new homes after more than a decade of under-building relative to population growth, according to a new analysis from Realtor.com released Wednesday. The gap between single-family home constructions and household formations grew to 6.5 million homes between 2012 and 2022. However, this figure overstates the housing shortage, since new multi-family homes offer options both to buyers and renters. If multi-family construction is included — which is predominantly rental units — this...
  • As White House crafts economic agenda, worker benefits are front-of-mind

    12/25/2022 4:24:46 PM PST · by buckalfa · 15 replies
    Becker's Hospital Review ^ | December 22, 2022 | Alexis Kayser
    Over the holiday break, White House economic officials are expected to brief President Joe Biden on their priorities for the coming year. They are considering a push for more employee benefits to bring people back to the workforce, The Wall Street Journal reported Dec. 21. "Where are places where we can lower price pressures in the economy, lower costs for consumers and increase the productive potential of the economy? The things that we will prioritize and focus on will be in that area," Brian Deese, the director of the White House's National Economic Council, told the Journal. Mr. Deese did...
  • Why Are So Many Men Leaving The Workforce? Government policy certainly plays a sizable role but changing American culture cannot be ignored

    12/22/2022 8:53:08 PM PST · by SeekAndFind · 57 replies
    Mises Institute ^ | 12/22/2022 | Ryan McMaken
    Last week, CNN featured a story called "Men are dropping out of the workforce. Here's why" The article went on to tell us virtually nothing at all about why so many men are leaving the workforce. Although as many as seven million men have stayed out of the workforce for varying reasons, the CNN piece was really about how more women are joining the workforce, and how wonderful it is that more women are working in "male dominated" fields. The fact that more women are joining the workforce, however, tells us nothing about why men are leaving. Indeed, the CNN...
  • The Jobs "Boom" Isn't So Hot When We Remember Nearly Six Million Men Are Missing from the Workforce

    12/09/2022 12:41:18 PM PST · by george76 · 14 replies
    Mises Wire ^ | 12/08/2022 | Ryan McMaken
    Last week, the employment news was all about how payrolls increased by 269,000 jobs and blew past expectations. Yet, when we looked at the actual number of employed persons, it turned out that the number of employed people has gone down in recent months. At 158.4 million, total employment is still nearly 400,000 workers below where it was before the Covid Panic of 2020. Those who support the everything-is-great narrative have responded to the unimpressive employed-workers numbers by dismissing them as a result of workers retiring and other demographic changes. These explanations, however, require that we ignore the fact that...