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+15 +3Contracts can be a career: Finding a place in the gig economy
Whether by choice or a lack of options, more people are working in the “gig” economy. Gig work is different from joining a company as a “permanent” employee, so it is important to manage your career well if you are — or aspire to be — a gig worker. From Grab drivers and cleaners to website developers and lawyers, online platforms and more flexible systems are enabling people to take part in short-term digital-enabled jobs, or “gigs”, and get paid for their work.
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+10 +2A New Harvard Study Suggests the Gender Wage Gap Doesn't Exist
“Gender pay gap is worse than thought: Study shows women actually earn half the income of men,” NBC announced recently in reference to a report titled “Still a Man’s Labor Market” by the Washington-based Institute for Women’s Policy Research, which found that women's income was 51 percent less than men’s earnings. What do you think of when you hear the phrase “gender pay gap”? Perhaps you think of a man and woman who work exactly the same job at exactly the same place...
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+1 +1Fast Forward: The Future of Work & Technology - Steelcase
As workplace technology continues to improve, read how artificial intelligence, smart data and the gig economy will continue to transform the future of work.
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+15 +1US jobless rate hits 49-year low
The US unemployment rate fell to 3.7% in September, the lowest rate since December 1969. Figures from the Department of Labor also showed the US economy created 134,000 jobs during the month, fewer than were expected. Significant jobs growth was seen in professional and business services, healthcare and construction. Average hourly earnings rose at an annual rate of 2.8% in September, down from 2.9% in August.
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+18 +2Amazon Is Worth $1 Trillion. Its Workers Are on Food Stamps.
Amazon just hit a $1 trillion valuation, but some of its workers feel poorer than ever. Jeff Bezos’s tech giant is the second U.S. company to be worth thirteen-digits on the stock market, following Apple, which hit $1 trillion in August. That’s all well and good for Bezos, whose net worth exceeds $150 billion. But workers at the growing network of Amazon-owned companies say they aren’t seeing the money and Senator Bernie Sanders rolled out a new bill that would penalize Amazon for leaving workers dependent on public assistance. The next day, The Wall Street Journal reported that employees at Whole Foods...
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+16 +7The Best Employment Background Check Services of 2018
Interviews are a great first step for getting to know potential hires, but once you start winnowing down your prospect list, you need to dig deeper. We test top employment background check services to help you pick the right employees for your business.
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+16 +4Economy adds more jobs than expected in August, and wage growth hits post-recession high
Long-awaited wage growth posted its biggest increase of the economic recovery in August while payroll gains beat expectations and the unemployment rate held near a generational low of 3.9 percent, according to a Bureau of Labor Statistics report Friday. Average hourly earnings rose 2.9 percent for the month on an annualized basis, while nonfarm payrolls grew by 201,000. Economists surveyed by Reuters had been expecting earnings to rise 2.7 percent, payrolls to increase by 191,000 and the jobless level to decline one-tenth of a point to 3.8 percent.
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+37 +5Almost 80% of US workers live from paycheck to paycheck. Here's why
America doesn’t have a jobs crisis. It has a ‘good jobs’ crisis – where too much employment is insecure, and poorly paid
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+17 +2Millions 'worse off' than 15 years ago
Millions of "just about managing" families are no better off today than those in 2003, new research from the Resolution Foundation indicates. The remarkable income stagnation for so many reveals that the economy has been failing to generate income for people over many years despite record levels of people in work. In 2003, households on the lower half of incomes typically earnt £14,900.
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0 +1Lithuania deserves better life - The Baltic Word
The latest expressive headlines on delfi.lt (the main Lithuanian news portal) such as “Gender pay gap increased in Lithuania”, “Sudden drop in EU support pushes Lithuania into middle income trap, finmin says”, “Lithuanian travellers spent EUR 186.5 mln abroad this year” and “Lithuania’s Jan-May budget revenue EUR 14.3 mln below target” clearly demonstrate difficult situation in the country. The only positive thing in this fact is Lithuanian authorities do not…
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+8 +2Pay rises faster for top 1% of earners in developed world – report
Pay is rising much faster for the top 1% of earners compared with those on average salaries in the richest countries, according to a report calling on governments to do more to tackle “wageless growth” since the financial crisis. Despite more people being in work than at any time since the onset of the banking crisis a decade ago, the Organisation for Economic Co-operation and Development said wage growth was still “missing in action” across the 35 countries represented by the Paris-based group of wealthy nations.
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+3 +1Over 25 percent of young Italians not in work, education or training
Some 25.7 percent of young Italians were neither in employment, education or training in 2017, according to figures from Eurostat.
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+31 +6How the gig economy is making life worse for North American workers
A journalist argues the new climate has led to people without things like unemployment insurance, retirement savings and a feeling of security.
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+29 +8If the Robots Come for Our Jobs, What Should the Government Do?
Some big ideas are starting to percolate. But less dramatic ones might work, too.
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+13 +2There are more jobs than people out of work, something the American economy has never experienced before
The jobs market has reached what should be some kind of inflection point: there are now more openings than there are workers. April marked the second month in a row this historic event has occurred, and the gap is growing. According to the monthly Job Openings and Labor Turnover Survey released Tuesday, there were just shy of 6.7 million open positions in April, the most recent month for which data are available. That represented an increase of 65,000 from March and is a record.
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+9 +2Study finds Uber drivers make less than minimum wage
A new analysis about Uber drivers’ wages finds that they take home about $9.21 an hour, or less than minimum wage in many of the biggest markets where the ride-hailing service operates. The analysis, by the pro-labor think tank Economic Policy Institute, builds on a recent MIT study that at first said that Uber drivers made an average of $3.37 an hour, then revised that figure to a median $8.55 an hour.
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+3 +1Driving for Uber is basically the same as working any other low-paying job
Uber has shared some numbers about driver earnings in economic papers, usually through collaborations with respected academics. But the figures it’s given out are hard to compare with one another. A January 2018 paper that Uber collaborated on used “gross earnings” ($21.07 an hour), or what the driver makes before costs such as gas and vehicle depreciation, as well as Uber’s service fee, are deducted. Earlier research from Uber’s team and Princeton economist Alan Krueger examined earnings “net of Uber’s fees,” but before driver expenses ($20.19 an hour).
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+23 +4Many Venezuelan Workers Are Leaving The Job, And The Country
Caracas resident Barbara Rojas used to have a coveted position at Venezuela's state-run oil company, the kind of job that not so long ago people would hang on to until retirement due to the generous pay and benefits. But in February, Rojas quit her job as an office administrator. She was disgusted that hyperinflation and the collapse of Venezuela's currency had rendered her wages nearly worthless. Rojas points out that nearly half of the 149 people in her office have walked off the job.
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+1 +1The Unemployment Rate Is Meaningless. Here’s What You Should Look at Instead.
The U.S. unemployment rate dropped to 3.9 percent in April, the Bureau of Labor Statistics reported today, a point not seen since the bubbly, waning days of Bill Clinton’s presidency. Yet, while the labor market seems to be getting tighter by the month, wage growth is still tepid and doesn’t seem to be accelerating.
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+23 +7Berlin mayor backs ‘basic income’ to tackle capital’s unemployment
Berlin Mayor Michael Müller has called for an end to the controversial Hartz IV welfare system, saying that every jobless Berliner should have the right to a basic income. The Social Democrat (SPD) politician told the Berliner Morgenpost that he wants to see an overhaul of the welfare system, with Hartz IV to be replaced by a “solidary basic income” model. Hartz IV was one of the biggest components of the major labour market reform, which was adopted in the mid-2000s by the then red-green federal government under Gerhard Schröder (SPD).
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