Category Archives: Wages

Technology’s Impact On Employment

It seems to me…. “Ever since the Industrial Revolution, investments in science and technology have proved to be reliable engines of economic growth. If homegrown interest in those fields is not regenerated soon, the comfortable lifestyle to which Americans have … Continue reading

Posted in AI, Artificial Intelligence, Artificial Intelligence, Asian, Automation, Automation, Automation, Boeing, economic growth, Economics, Economist, Economy, Education, Employment, Employment, employment, Female, health care, Healthcare, healthcare, Hispanic, Intel, Jobs, Jobs, Jobs, Minorities, minorities, Race, restaurant workers, Robotics, Robotics, Robotics, Robots, Silicon Valley, STEM, STEM, Technology, Technology, Wages, Wages, Women | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Economic Challenges

It seems to me…. “We could solve all our problems if only we were the efficient, rational human beings of standard economic theory and had politicians willing to think in the long-term interest of their people rather than their own.” … Continue reading

Posted in Automation, Automation, Automation, Economic, economic growth, Economics, Economy, Education, Education, Employment, Employment, employment, Federal Reserve, Financial, Fiscal Policy, GDP, Gini Coefficient, Gini Coefficient, Gini Index, Gross Domestic Product, Income, Industrial Revolution, Inequality, Inequality, Investment, Jobs, Jobs, Jobs, Labor, Liquidity Crisis, Liquidity-Trap, Low-Skill, Manufacturing, Manufacturing, Monetary Policy, NAIRU, Non-Accelerating Inflation Rate of Unemployment, Obama, Phillips Curve, Post-Industrial, Postindustrial, Productivity, Productivity, Qualitative Easing, Recession, Robotics, Robots, Skilled, skilled, Stimulus, Technology, technology, Trade, Trump, Wages, Wages, Workers | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Employment Requires Increased Educational

It seems to me…. “Education is the passport to the future, for tomorrow belongs to those who prepare for it today.”  ~ Malcolm X[1]. As the economy moves deeper into the knowledge-focused age, changes are affecting the very nature of … Continue reading

Posted in AI, AI, Analytical Skills, Artificial Intelligence, Artificial Intelligence, Automation, Automation, Automation, College, College, Communications Skills, Computer Science, Computerization, Computerization, Computing, Degree, Economy, Education, education, Employment, Employment, employment, experience, Funding, Graduate, High School, Income, Infrastructure, Infrastructure, Jobs, Jobs, Learning, Lower-Income, Manufacturing, Middle-Income, Retraining, skilled, social skills, Training, Training, Wages, Wages, Workers | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Productivity Growth

It seems to me…. “Productivity and the growth of productivity must be the first economic consideration at all times, not the last. That is the source of technological innovation, jobs, and wealth.” ~ William E. Simon[1]. Productivity growth, which is … Continue reading

Posted in 3D Printing, Additive Manufacturing, AI, AI, Artificial, Artificial Intelligence, Artificial Intelligence, Automation, Automation, Compensation, Economy, Education, Energy, Globalization, Income, Income, Industrial Revolution, Inequality, Inequality, Inequality, Intelligence, Internet, Internet of Things, Internet of Things, Internet of Things, IoT, IoT, IoT, Manufacturing, Manufacturing, Off-Shoring, Off-Shoring, Postindustrial, Productivity, Productivity, Robotics, Robotics, Steam Engine, Technology, Wages, Wages, Wages | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Effects of Economic Inequality

It seems to me…. “Ill fares the land, to hastening ills a prey, Where wealth accumulates, and men decay.” ~ Oliver Goldsmith[1]. Every previous civilization has been destroyed by the unequal distribution of wealth and power. The more advanced the … Continue reading

Posted in Demagogue, Demagogue, Despotism, Economy, Education, Elections, Employment, Employment, employment, Gini Coefficient, Inequality, Inflation, Jobs, Jobs, Jobs, Low-Income, Middle Class, Middle Class, Middle-Class, Middle-Income, Populism, Poverty, Productivity, Recession, Trump, Wages, Wages, Wealth | Tagged , , , , , , , , , , , , , , , , , , , , , | 1 Comment

Automation and Human Labor

It seems to me…. “I see robotic technology getting rid of the dangerous, the dirty, and the just plain boring jobs. Some people say, ‘You can’t. People won’t have anything to do.’ But we found things that were a lot … Continue reading

Posted in Automation, Automation, Automation, Automation, Certifications, College, College, Community, Community College, Computerization, ECON-101, Economic, economics, Economy, Education, Education, Employment, Employment, employment, Engineering, H-1B, H1-B, Immigration, Income, Income, Inequality, Inequality, Infrastructure, Infrastructure, Innovation, Innovation, Investment, Investment, Jobs, Jobs, Labor, Labor, National Infrastructure Bank, Post-Industrial, Post-Manufacturing, Research, Robotics, Robots, Science, Social Security, Technology, Technology, Training, Visa, Vocational, Wages, Wages, Wages | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Employment And Automation

It seems to me…. “The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have little.” ~ Franklin D. Roosevelt[1]. Major traditional … Continue reading

Posted in Agriculture, Agriculture, AI, AI, Artificial Intelligence, Artificial Intelligence, Automation, Automation, Automation, Britain, China, China, College, Computerization, David Ricardo, Economic, Education, Education, Employment, Employment, employment, Ethiopia, Farming, Globalization, High School, Income, India, Inequality, Inequality, Infrastructure, Jobs, Jobs, Jobs, Low-Skill, Luddites, Luddites, Manufacturing, Manufacturing, Middle Class, Middle-Income, Off-Shoring, Outsourcing, Pareto Curve, Research, Robots, Skilled, skilled, Taxes, Technology, Technology, Thomas Carlyle, Unemployment, Wages, Wages, Wassily Leontief, Workers | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment