Employees in many industries have seized on the pandemic’s upheaval to score higher pay, better benefits, flexible schedules, and more. While some gains will fade, a number of economic and demographic forces suggest workers have the edge.
This week The World Economic Forum are highlighting 4 top stories – workers paid to relocate to rural areas, an innovative aircraft design, a lifesaving slime robot, and a wind and solar energy milestone.
Timeline: 00:15 Workers paid to relocate 01:40 New aircraft design takes flight 03:11 Lifesaving slime robot 04:22 Wind and solar energy milestone
The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.
Americans are leaving their jobs in droves. In August 4.3 million Americans quit their jobs. While some people have left the workforce entirely, job security and better pay are top concerns for others. Dubbed “The Great Resignation”, the exodus of workers has created hiring challenges for companies and left millions of jobs unfilled. More than half of U.S. workers surveyed said they plan to look for a new job in the coming year, according to Bankrate’s August jobseeker survey. Some 56% of respondents said adjustable working hours and remote work were a priority. Working women have faced an additional burden, juggling childcare duties, virtual schooling and their careers. So, what does the realignment of the workforce mean for employees and businesses? And what steps should you take before quitting your job?
A.M. Edition for Aug. 30. New Orleans is without electricity after Hurricane Ida slams the region 16 years after Hurricane Katrina.
WSJ markets reporter Caitlin Ostroff explains why utilities and healthcare are among the S&P 500’s top-performing groups this quarter. Plus, WSJ’s Chip Cutter discusses the concern among bosses as remote work may now last two years.
A.M. Edition for Aug. 4. WSJ’s Jon Emont discusses what’s behind the economic challenges facing some parts of Asia amid a rise in the highly transmissible Delta variant of Covid-19.
The Biden administration implements a new federal moratorium on evictions. Spirit Airlines cancels more flights as it grapples with a dayslong operational meltdown. And, things to consider before quitting your job.
Italy’s Carrara marble quarries are a source of controversy, pitting nature against economic gain. Environmentalists warn of overexploitation, while others defend the jobs these Tuscan quarries provide.
Franco Barratini quarries marble blocks that sell for €4,000 per ton. The amount of marble that was once quarried in a month can now be extracted in just three days, and environmentalists are alarmed at the consequences. Marble dust leaks into groundwater, turns rivers milky-white and hangs in the air. The effects of this are still not completely clear.
Sandro Manfredi is fighting what he sees as severe overexploitation in the marble quarries of Tuscany’s Apuan Alps. In 2018, he filed a complaint against an illegal marble quarry, and afterwards was nearly killed when someone tampered with his car. Carrara has experienced four floods in the last nine years. Environmentalists blame marble quarrying, which has increased dramatically thanks to rapidly evolving extraction techniques, upsetting the region’s hydrogeological balance.
Low-wage work is in high demand, and employers are now competing for applicants, offering incentives ranging from sign-on bonuses to free food. But with many still unemployed, are these offers working? Photo: Bloomberg