A selection of three essential articles read aloud from the latest issue of The Economist. This week, riding high in a workers’ world, the Amazon effect on live sport (9:45) and even transience is mutating (17:35).
A.M. Edition for April 9. The final results in a closely watched union vote at Amazon are expected today. McDonald’s closes hundreds of restaurants at Walmart stores.
WSJ’s Eric Morathlooks at the U.S. cities where new jobs are being created. Companies entice employees to take some time off. Marc Stewart hosts.
The pandemic has fuelled an explosion of unemployment and a transformation in how many people work, especially in richer countries. Many of these changes are promising and there are many reasons for optimism about the labour market.
As the pandemic changes how — and where — professionals work, some smaller cities and regions are offering hefty relocation incentives to attract remote workers to help jumpstart their local economies. WSJ met one family who accepted an offer to make a new home in the Ozarks. Photo: Craig Kauffman for the Wall Street Journal
The Labor Department’s new jobs report comes out today as Congress is poised to pass a new round of COVID-19 relief. The Biden administration ended Trump’s “Remain in Mexico” policy, but that doesn’t mean the asylum system is up and running.
And, the Chinese national parliament meeting that begins today will include a proposal to give the Chinese government new control over Hong Kong’s elections.
From a GlassDoor.com online posting:
“Senior citizens today are healthier, more engaged, and working longer than past generations,” says Chamberlain. “A ‘gray wave’ of senior citizens will be impacting the workforce in coming years, both in the United States and the United Kingdom.”
Mature employees and job seekers bring a vast skillset and tremendous experience to open jobs, combined with a strong professional network that rivals any social-media-savvy Gen Zer. And despite the preconceptions of older workers, reports show they are just as open to learning and development as their young peers.
Move over, Gen Z and Millennials. The Baby Boomer generation, those born between 1944 and 1964, are the fastest-growing segment of the labor force in the U.S. and they are catching the eye of recruiters in every industry.
According to Glassdoor’s Chief Economist Dr. Andrew Chamberlain in the newly released “Job & Hiring Trends 2020” report, the 65+ demographic is working longer than past generations and shows no signs of retiring for good.