“More And More Robots Are Coming” — South Korea Embraces Job-Killing ‘Friends’
By Tyler Durden The collision of demographics and automation will potentially reshape South Korea’s economy by 2030. A new analysis via Bloomberg shows the collision…
Employment
53 Million Americans Drowning in Cycle of Low-Wage Work
By Tyler Durden It’s the “Greatest Economy Ever,” right? Well, it depends on who you ask. For instance, a new report sheds light on 53 million Americans,…
The Rise Of Robots Is Crippling Jobs In The Already Recessionary Auto Industry
By Tyler Durden It’s no longer a question of “if” we’re going to all eventually be replaced with robot overlords in the workplace, it’s a question…
We Just Got Some Good Economic News
By Michael Snyder When some good economic news comes along, we should be thankful for it, because such moments are becoming increasingly rare. On Friday,…
Goodbye Middle Class: 50 Percent Of American Workers Make Less Than 33,000 Dollars A Year
By Michael Snyder The truth is that most American families are deeply struggling, but you hardly ever hear this from the mainstream media. Yes, about…
To Think Or To Work? That Is The Question
By John Klyczek On both sides of the political aisle, workforce-training reforms are being touted as the be-all, end-all of America’s public education system. Right-wing…
Banking Giant HSBC Set to Fire 10,000 More Employees
By Avi Mizrahi The banking sector continues to suffer drastic layoffs as the global economic outlook remains uncertain. The latest financial institution reported to be…
These Are the 50 “Most Miserable” Cities in America
By Daisy Luther According to a report by Business Insider, the title of the most miserable city in the United States goes to… …Gary, Indiana….
GE Freezes Pension Benefits For 20,000 Employees To Lower Debt Burden
By Tyler Durden In what looks like a dry run of the looming pension crisis facing corporate America, GE said on Monday that it would…
Robo Realtors Invade Tennessee Housing Market — “It’s Like A Segway With An iPad”
By Tyler Durden As you might remember, if not, we’ll refresh your memory, we reported on a real estate technology company several years ago that…
“Dramatic Change” Ahead: Robots Are Coming For 200,000 US Banking Jobs
By Tyler Durden A new report by Wells Fargo & Co. warns that nearly 200,000 US banking jobs are at risk of being displaced by…
This Is What A Recession Looks Like — Here Are 12 Big Companies That Are Conducting Major Layoffs
By Michael Snyder Do you remember what it was like in 2008 when it literally felt like no job was truly safe? It was a…
The Countries With The Best (And Worst) Work-Life Balance
By Tyler Durden Colombians are among those struggling most with their work-life balance, according to the Organisation for Economic Co-operation and Development (OECD). Mexicans’ lives aren’t really…
The 8 Fastest Disappearing Jobs in America
By Jon Miltimore One of the certainties of a market economy is change. As Joseph Schumpeter famously observed, innovation moves the world forward, but not…