Trends
What’s Behind The Drop in Job Tenures?
Tenure continues to decline since its high in 2012. Research shows that female workers, and younger workers overall, were more likely to be short-tenured employees.
Trends
Dispelling the myth of Silicon Valley’s decline
Despite indications of Silicon Valley’s fall from grace as startup mecca, the reality is that the Bay Area has increased its share of tech startups in recent years.
Trends
Labor productivity surges while Amazon ends WFH
US labor productivity has soared in the last five years, far more than other countries. The U.S.’s comparative advantage in technology likely played a key role. Other factors include a more flexible labor market, stronger investment in innovation, and a robust government stimulus that helped fuel a faster post-pandemic recovery.
Trends
Future of Work digest: back to school edition!
Turnover risk is lower when employees can choose where they work (Great Place To Work Institute) – In the words of luminary thinker Daniel Pink: “Companies instituted mandatory return-to-office measures to boost productivity and deepen employee commitment. Turns out those moves had the *opposite* effect.”
Trends
Why the rise in unemployment is overblown
In July’s disappointing report, almost the entire month-to-month increase in unemployment came from “unemployment due to temporary layoff,” i.e. people who expect to be recalled to work. A sign of impending recession? Probably not.
Trends
Hiring rate reaches a 10-year low
Month-to-month increase in unemployment came from a surge in one category (BLS, NBER) – In July’s disappointing report, almost the entire month-to-month increase in unemployment came from “unemployment due to temporary layoff,” i.e. people who expect to be recalled to work. A sign of impending recession? Probably not.
Trends
How much more is an advanced degree worth?
The premium earned by Americans with advanced degrees (Guy Berger, Ph.D.) – How much more does an advanced degree pay out? It’s the lowest premium since 2000.
Trends
Funding for startups, from robotics to refugees
Low-Wage Workers as Percent of the Workforce, by State (Visual Capitalist) – For the past 15 years, the federal minimum wage has remained unchanged, with its real value now at its lowest point in 67 years.
Trends
Mary Meeker’s Prompt to Higher Ed
Mary Meeker, famous for her annual Internet Trends reports, has published a new report calling for the tech industry, government, and higher education to work together to advance AI during an inflection point “of epic proportions.”
Trends
The AI-enhanced campus of the future & more
Join leading from UTSA, NJIT and UC Santa Barbara for a live brainstorming and think tank-style session, to discuss the AI-enhanced campus of the future.