Automation is a good thing. But we need to ensure that our government passes the appropriate laws to ensure that automation does not become the next competitor to labor.
The White House is happy but not surprised about the employment report. There is finally some information in the report that shows wage growth.
Blockbuster June Employment Report The June employment report is out. It came out above expectations. 288,000 new jobs were added. The unemployment rate fell to 6.1%. Additionally the April and May jobs report were revised upward. April was revised from +282,000 to +304,000, and the change for May was revised from +217,000 to +224,000. With […]
Current Economic Policy has failed given its inability to connect the large pool of skilled unemployed Americans to all the work needed to rebuild the country. After all, the country, from coast to coast is filled with dilapidated bridges, roads, water mains, pipelines, & airports that need repairing and rebuilding. The country’s children need more […]