Addressing Labor Shortages with Automation

Addressing Labor Shortages with Automation

robotic arm holding a cup of coffee with coffee foam art U..S. employment statistics hit a new milestone last year, but not a positive one. In August 2021, almost 4.3 million workers quit their jobs, according to the U.S. Department of Labor. That’s the highest number since the department began tracking voluntary resignations. Their reasons for leaving their jobs vary—the numbers track people who quit for a different position, as well as those who quit without having another job lined up.

While the reasons for quitting vary, one thing is clear: Businesses are having a tough time getting employees to […]

What impact is robotics and AI having on the job market?

What impact is robotics and AI having on the job market?

According to a study recently published in the academic journal, Science Robotics , almost 1,000 existing job roles from financial analysts to sales assistants are at risk of being assimilated by robotics and AI, with the food industry, building and maintenance, construction and mining the most exposed.

By combining scientific and technical literature on robotic capabilities with statistics on employment and wages, the authors of the report from HEC Lausanne , University of Lausanne and EPFL have created an easy-to-use tool which can calculate the jobs that are most likely to be replaced by technology by comparing the human and […]

You Decide: How Will the Hospitality Industry Change?

You Decide: How Will the Hospitality Industry Change?

You Decide Downtown Raleigh, east of campus. By Mike Walden

The North Carolina hospitality industry, primarily composed of restaurants and hotels, is a multibillion-dollar sector in the state. As a percent of the state economy, its share has been growing in recent decades. The industry accounts for one out of every 11 jobs in the state. On average, every $1 million of new spending in hospitality creates 15 direct jobs in the industry and another five jobs in other industries.

During the pandemic, the hospitality industry suffered some of the largest losses among all industries. Employment dropped 44% compared to 12% […]

How Technology is Both Killing and Creating Jobs

How Technology is Both Killing and Creating Jobs

Where the advent of technology and digitalization has undoubtedly opened the doors for numerous opportunities, it has also closed the doors to many. While the coming generations will find their consciousness in the digital age, they will never know the laborious struggles of the manual lifestyle the older generations before them lived through. But the best thing about that manual lifestyle was that it created jobs for many.

If we put the idea of collective well-being and equity of wealth aside for a while, the amount of dense smooth coming out of chimneys of factories defined how much the city […]

Viral Video From Vegetable Market Shows Why ‘India Does Not Need Robotic Automation’

Viral Video From Vegetable Market Shows Why 'India Does Not Need Robotic Automation'

As the world is turning towards automation, many things are still done manually. A glimpse of this was seen in a video that has been going viral on the internet. Amid the age of automation, people were seen completing their tasks with robotic precision and coordination. The skill depicted by the men will surely entertain you.

In a viral video, a group of men was seen rapidly cutting and stacking the cabbages. The video, which was believed to be have captured at the vegetable market, showed them filling the whole stack in less than a minute. Erik Solheim, President of […]

How can Humans Compete with Robots?

How can Humans Compete with Robots?

When we think of robots , the first thing that comes to our mind is – how will these robots replace us in our job roles?

When we think of robots, the first thing that comes to our mind is – how will these robots replace us in our job roles? Whatever the answer, the second question is almost certainly: How can I ensure that my job is not threatened? A team of researchers from EPFL and economists from the University of Lausanne has released research in Science Robotics that provides answers to both issues. They created a […]

Employment And Industrial Policy

Employment And Industrial Policy

Neeta Misra leads Policy Matters; a global initiative focused on economic recovery from COVID-19, centering on the economy, people, and vulnerable communities. In this edition, she speaks with Jayan Jose Thomas, Professor of Economics at the Indian Institute of Technology (IIT) Delhi.

1652116762_6mvG5B_Jayan_Jose_Thomas.jpg Tell us a little bit about yourself?
I am a Professor of Economics at the Indian Institute of Technology Delhi , since July 2010. My research deals with various issues related to development, mainly labour, industrialization, and the macroeconomy and I am a former member of the Kerala State Planning Board.
What is the nature […]

The Skills Emergency Is Happening Now

The Skills Emergency Is Happening Now

Co-founder, chairman and CEO of retrain.ai , the HR Tech using AI to help leaders reskill employees and prepare for the future of work. getty In The Outline of History , H.G. Wells, futurist, social critic and writer, wrote , “Human history becomes more and more a race between education and catastrophe." Known mostly for his science fiction works like War of the Worlds , Wells, nonetheless, contributed significantly to our understanding of human affairs. In The Outline of History, which was published in 1920, he tried to capture what he referred to as "the whole story of man," […]

Workplace digitalization has increased support for the Conservatives and for the incumbent government

Workplace digitalization has increased support for the Conservatives and for the incumbent government

While there are few signs that workplace digitalisation leads to mass unemployment, Nikolas Schöll finds that it contributes to growing income inequalities between low and highly educated workers. These diverging economic trajectories are also mirrored in party support: winners of digitalization become more supportive of the incumbent government and the Conservative Party, whereas losers of digitalization become tentatively more supportive of UKIP.

The COVID-19 pandemic has pushed workplace digitalization as few events did before: almost half the UK workforce reports to have worked from home during lockdowns, twice the number of pre-pandemic times. This has boosted the adoption of […]

How Does the “Goods-To-Person” Method Improve Warehouse Efficiency?

How Does the

Source: IDTechEx

The goods-to-person is an order preparation and picking method in which products are delivered directly to the picker by means of automated systems. With the rapid growth of e-commerce and recent e-grocery, fast order preparation is becoming necessary and a core competency for many companies. Traditionally, the goods-to-person method is enabled by large and complex AS/RS systems where shuttle carts, roller conveyors, and stack cranes are used for transporting items. Recently, implementing mobile robots in warehouses for automation has been increasingly popular, and the market of logistic mobile robotics attracts millions or even billions of dollars of […]