February 24, 2020 – In this his latest email missive, Peter Diamandis shares thoughts on the future of employment and unemployment in the United States. He describes the current U.S. job market with unemployment under 4%, and 7.4 million job openings available for only 6 million looking for work. In the U.S., wage increases are rising faster than inflation and productivity with the average minimum wage now near $12 per hour. That’s not a living wage for most urban-dwelling Americans.
In Canada, the unemployment rate is nearing a historic low at 5.8% with more than 283,000 job openings […]
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