An increasing share of restaurant worker income comes from tips (Square Payroll Index, 2024): The restaurant industry is about 10% of the total U.S. workforce, and the majority of its 12.4M workers rely on tips for significant income. These tips are becoming a larger share of restaurant worker income, but they are also more volatile due to changing consumer behavior and economic downturns.
Today women comprise 29% of the C-suite, way up from 17% in 2015. Yet improvement in representation has been notably slower at the entry and manager levels.
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.
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.”
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.
Hundreds of millions in new funding opportunities for skills training have been announced in recent days.
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.”
To reduce inequality, we need comprehensive policies that promote equitable wealth distribution, and access to education and healthcare. These are some organizations making contributions to reduced inequalities.
To ensure access to clean water, we must adopt practices that preserve and conserve water for future generations. These are some organizations making contributions to clean water and sanitation.
To achieve quality education for all, we need to prepare individuals for a rapidly changing world. These are some organizations making contributions to quality education.