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.
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.
Researchers assessed the feasibility of a current Large Language Model performing tasks based on specific skills. They examined over 2,800 skills in Indeed’s taxonomy. And guess how many of those skills were rated as “very likely” to be automated by GenAI? Zero.
Insights on worker sentiment, from the Glassdoor Employee Confidence Index (Daniel Zhao) – Sluggish hiring is likely dampening worker sentiment as laid-off workers and new hires find it difficult to get their foot in the door and even employed workers feel stuck in their jobs.
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.
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.
To create partnerships for the Sustainable Development Goals, we need increased investment, improved coordination, and strong political will. These are some organizations making contributions to partnerships for the UN Sustainable Development Goals.
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.
Long before the product can be sold, it has to be desired by someone. A well-crafted marketing strategy lays groundwork at scale, utilizing mass communication to condition the audience and lighten the load on the sales team.
A focus on outcomes helps organizations make data-driven decisions to improve their interventions. See examples of social impact outcomes by industry.