According to the Department of Labor the unemployment rate in the United States continues to fall down. It reached the record 3.5% in September 2019 which is the lowest rate since December 1969.
What drives wage growth? Mostly Tech and some Finance jobs.
Monthly salaries, 2019. ($US)
With the increasing usage of Robotics n Manufacturing and Transportation many of the traditional labor intensive jobs are under threat globally. OECD has published the most impacted countries due to the rollout of Automation in various sectors.
The wage gap between large companies and small business in Mexico is the largest of the industrialized countries in Latin America, according to the Economic Commission for Latin America and the Caribbean (ECLAC).
Tesla recently announced its robotaxi service – a fully autonomous taxi hailing service (albeit futuristic) that can put most Uber drivers out of work. Not to mention the whole self driving autonomous technology can be a huge disruption to trucking industry.
First what is sharing economy?
The sharing economy (also referred to as gig economy) is a new form of economy that leverages digital platforms to facilitate the exchange of goods and services for both financial and non-financial rewards.
Staffing Industry Analysts in their recent forecast estimate US staffing market to reach a record $153.5 billion in revenue this year. The market will grow by 4% in 2019 and by 3% in 2020.
Share of employees who say their work make our world a better place.
US 1950: 1983 hours 2014: 1764 hours
Best work-life balance, 2018. (of 38 countries)