Have We Reached a Tipping Point?
You’re probably familiar with the routine by now. You make a purchase and go to swipe your card, but before you can, the checkout clerk turns the screen toward you…
The Economics of the Four Day Workweek
Photo by Shaun He on Unsplash Imagine going to a job interview and the hiring manager saying ‘You don’t want to work on Fridays? No problem. You’re hired.’ Does it…
It’s Back to the Basics at the Golden Arches
Photo by Alex Motoc on Unsplash Thinking of having a salad for lunch today? If so, you might want to skip McDonald’s. The fast food giant recently announced that it…
Return to Office vs. Remote Work vs. a bit of both?
Photo by Adolfo Félix on Unsplash According to the Federal Reserve Economic Data (FRED) website, April 2020 recorded the highest unemployment rate during the COVID-19 pandemic at 14.8%. As of…
Walgreens’ Rxbots
Photo by Possessed Photography on Unsplash Drugstore chain Walgreens has begun using robots to fill prescriptions. The robots can reportedly fill 300 prescriptions per hour, roughly the same number a…
We’re Open, But…
If you’ve found yourself waiting for service at a bar or restaurant recently, you’re not alone. Across the country, widespread labor shortages are creating new headaches for the hospitality industry,…
Restaurants Struggle to Fill Vacant Job Openings
After experiencing the worst year for the hospitality industry in U.S. history, restaurants and bars are beginning to bounce back as vaccinated Americans reemerge into the world and Covid-19 restrictions…
Unemployment Claims Surpass 1 Million Once Again
COVID-19 Layoffs Newspaper Article For nearly every week since March, millions of Americans have filed for unemployment benefits as the economy continues to struggle with the effects of the coronavirus…
1.5 Million People Applied for Unemployment Last Week
Tens of millions of Americans have filed for unemployment during the coronavirus pandemic. This historically high number increased by another 1.5 million last week as many people continue to struggle…
Women Account for 55 Percent of Coronavirus Job Losses
Last month, 20.5 million people lost their jobs, sending the unemployment rate skyrocketing to 14.7 percent. Economists predict that the actual jobless rate could be even worse when factoring in…